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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 Ocalamanon Sep 02, 2016 8:19am
70 Views
Post# 25202213

RE:Interesting. Maybe some implication for Baytex

RE:Interesting. Maybe some implication for Baytexit would be a natural in my books, and four times the consumption, here is bte announcement from march 2014  , every little bit helps 


BAYTEX SIGNS AGREEMENT TO INCREASE CONSERVATION OF PRODUCED GAS FOR POWER GENERATION IN PEACE RIVER AREA CALGARY, ALBERTA (March 4, 2014) – Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) is pleased to announce the signing of a 10-year agreement with Genalta Power Inc. (“Genalta”) to deliver the majority of the excess natural gas production associated with its Three Creeks heavy oil production in the Peace River area to a power generating facility to be constructed by Genalta. The project will generate 12 megawatts of low emission power, providing the daily energy requirement for over 14,000 homes. The project is in addition to Baytex’s existing commitments to supply Genalta with natural gas to generate one megawatt of power. As part of the project, Baytex will construct pipelines which will increase natural gas delivery capacity from its existing integrated natural gas collection system to the Genalta facility. The pipelines and facility are expected to be completed in the fourth quarter of 2014. James Bowzer, Baytex’s President and Chief Executive Officer said, “Baytex is dedicated to operating in an environmentally responsible manner and this initiative provides a significant increase in gas conservation in the Three Creeks area.” “Genalta is excited to expand its partnership with Baytex to create environmentally friendly power using produced gas,” said Genalta’s Chief Executive Officer, Graham Illingworth.


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