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 29, 2015 7:34pm

82 Views

Post# 24147288

RE:RE:Weak hands....

I started my trading day with 16k shares at $4.28...Not $10 or $15.......Picked up another 4k shares at $3.95....So 20k avg. $4.22 not that bad.....Intending on accumulating to $100k value if necessary...wait and see.....Back to $5 before $3.....

The risk/reward at current level IMHO is overwhelming.....Intentions are long term hold (6-12 mths)....BTE will easily provide 100% return.....

Shorts are far more at risk at current SP IMHO......Especially over night holds.......I just hope there is no takeover for anything less then $14+.....

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