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 rayjd93on Apr 22, 2016 2:37pm

151 Views

Post# 24800163

RE:RE:Oil rig count falls to new 6-year low

PROtrading wrote: Rigs are to oil production as seeds are to farmers. At some point, if you stop planting, you have no crops to harvest.

People are starting to talk about a super cycle for oil... Good time to be long, bad time to be sidelines or short!

Wait a second, I thought shale was going to EXPLODE as soon as oil got in the 40's. How this this possible?

Oh wait, that was just a garbage shorter line. Shale producers are just thankful they can get some more profits from existing production to desperately try to fix their balance sheets.

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