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.

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Baytex Energy Corp

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Comment by SigmaKappaon Jan 28, 2017 6:33pm

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Post# 25768496

RE:RE:expect a deal with creditors soon

My guess 2017 is a stability year. Baytex stops prod decline with slight growth. The last non core assets are sold and with a bit of extra free cash from operations they reduce debt by 5% , bringing debt down to around 1.75bb. In 2018 oil slightly higher and baytex grows prod and reduces debt down to about 1.6b. So on and so on that by time 2021 hits debt is close to 1bb and prod has grown back up to mid 80k boed. What they were at pre oil crisis but much less debt.

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