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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
Comment by d_trumpon Aug 16, 2016 5:19pm
117 Views
Post# 25147655

RE:Oil has soared from it's after market tumble

RE:Oil has soared from it's after market tumbleNo one is "loading up".  There is minimal volume at this hour - that's why you can expect extreme price volatility on the 4:30 API release.  Since API was neither overly bulish or bearish, trading will be tepid overnight.  The first real hint of how tomorrow will look will occur at around 3:30 am when European markets open - volume picks up then and there is usually a significant price move.  Until then, get some sleep.....
Bullboard Posts