Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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 162,000 net 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

Baytex Energy Corp

Bullboard Posts

Comment by trader009on Sep 28, 2015 2:08pm

253 Views

Post# 24141846

RE:RE:BTE not going to ZERO....

Great post TT......I'm with you.....been in the market on my own for over 20 yrs.....These opportunities don't present themselves every day....BTE will be $10+ within next 12 months, probably much sooner....

Oil currently supportive at $44ish which IMHO is extremely supportive and the next move should be based on US inventories stalling the current trajectory with large drawdowns....

GS and friends have an agenda IMO and that is to scare the retail Joe's like us to walk away and book some of our losses and push some of the hedgies out.....

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