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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Comment by Gashole1on Sep 06, 2016 7:41am

141 Views

Post# 25209093

RE:Could This Be

oilismoney1 wrote: After two long years could talks between Russia and Saudi led to increased oil prices

Sure took them a long time to figure out that it is better to sell 9 million barrels per day at $70 - $100 per barrel than sell 10 million barrels at $ 40 per barrel

That qualifies as elementary math.

Cheers to all longs we will all have to have a ciber beer sometime in 2017 or 2018.

Great day

I dont think that we will see 70 to 100 oil... ever again... 70 maybe, but thats the peak. As soon as oil gets over 60 there are going to be loads of rigs come back out and US shale production is going to spike again... Do you really think the russians and saudis are going to cut production just so the US can start ramping up again??? I just dont see it, and the saudis themselves have stated they want to protect market share.

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