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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
Post by bagoon Feb 20, 2017 1:10pm
214 Views
Post# 25869365

Oil...

Oil...trading at 54 now what does everyone think eh? Seems like a long way from 35 like Beman and other bears were calling. Can you imagine what happens when the EIA starts showing draws and where it can go in a short period of time. It seems to me like all those traps that were set out were bear traps not bull traps. Going to be a wild ride if OPEC agrees to extend the cuts for the rest of the year as well as an increase it gasoline demand with all the warm weather we are getting down south. My crystal ball keeps saying the same thing 60 by the end of March.....mgba
Bullboard Posts