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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
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Post by trader009on Sep 30, 2015 1:53pm
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Post# 24149938

BTE short is very risky.....

BTE short is very risky.....

Shorts are smarter then to risk getting caught on a deal.....once the stock is halted they are stuck with the consequences.....Certainly the majority of shorts have already made a bundle, it would take 3-4 days for the shorts to entirely cover but to be forced to cover your short after a halt is a total game changer and would wipe out all their profits....Definitely better places to invest money then to continue holding BTE short IMO.....

So many game changers for oil in the immediate future IMO......

ie: Middle East falling apart, US export deals, reduced US production, Saudi/Opec announce counter measures to support oil and provide more normal price, China economy picks up, US economy picks up after wage growth.....To many others to mention probably.....

Good Luck BTE holders......$5 not far away IMO.....Hopefully no takeover unless $20+

Bullboard Posts
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