RE:Sold most of my BTE I sold my BTE (and other energy names) just after the Algiers meeting - people here said I sold too early. Since then I have bought and sold many times. IMO the Algiers meeting provided a floor for crude - probably around 45 and made it ripe for trading. I think we now trade in the 48-52 range until the November meeting.
As for BTE, its down the list for me, though I did do a partial buy this morning at 5.55. I believe the market is very anxious for Q3 - in particular whether their production volumes have stablized. Until then, I don't expect much upside.