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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Comment by Jmarks1on Dec 05, 2014 12:40pm
270 Views
Post# 23199885

RE:Cuts

RE:Cuts
honda777 wrote: BNN stated that a $150 billion of oil projects are now going to be cut and cancelled. This can't be good as this says this problem will be long term.


Its just good business sense, nothing more. And how do you know it won't be good and for whom?

Do you really think the U.S. power brokers are going to let the Saudis toy with them? I'll bet there are all kinds of strategy meetings happening as I write this. 

It is what it is, and time will tell the story, until then she's a Rodeo.
Bullboard Posts