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 ryehigh2014on Mar 26, 2017 5:53pm

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Post# 26032957

RE:RE:Hypothetical Scenario: Stock Merger

They operate EF for us anyways, why not eat the whole pie rather then a piece.

The Canadian heavy oil is what Baytex specializes in - they can let a portion of current management take care of that.

Overall integrating the corporate overhead will greatly reduce costs and bottom line for the BTE subsidiary of MRO if this was to materialize.

Furthermore this would be accretive and synergy opportunities would be available for them if they did this. JMO.

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