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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Bullboard Posts
Post by bartno12001on Jun 22, 2016 10:24pm
409 Views
Post# 24989691

Bte - cra

Bte - craThis is horrible news. This will be a big overhang on baytex for years to come. No one will acquire baytex now with possibly 130 million in cra tax due. Time to bail and move on to something else. I am glad I am only holding 1k shares. Will definitely dump tomorrow. If some of u are in at higher prices and brexit doesn't happen I strongly advise you to sell and move on. I am seriously considering cpg or some other oil and gas company. What a mess. Cra wants to make an example out of baytex and this is going to be a long long battle.
Bullboard Posts