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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
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Comment by trader009on Sep 30, 2015 1:33pm
96 Views
Post# 24149838

RE:Last 12 months, BTE generated $1 BILLION in cash flow!!!

RE:Last 12 months, BTE generated $1 BILLION in cash flow!!!You bet TT....Oil will seesaw between$44 and $50 for the next few months IMO....BTE should easily see a move back above solid support price of $5.50-$7.00.....Which IMHO is still highly undervalued once oil gets back to the $60+ level.
In the mean time the shorts have to decide whether they cover now or pay later....Best bet would be to cover now and find better location for their money.....Or wait for the halt on news of takeover talks which IMO is very possible.....
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities