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 > 4-5 MMB/D From Russia To Come Of Line Next 2-3 Months?

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Comment by riskion Oct 12, 2022 4:53pm

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Post# 35020701

RE:4-5 MMB/D From Russia To Come Of Line Next 2-3 Months?

"All Hell is about to break loose"

Indeed. Even if it doesn't, just think about the post election period. No longer the motivation to lower oil prices. So the US cancels the investment bank handshake agreements, cancels the media manipulation that drives the algorithms, stops having daily press conferences to denounce greedy oil companies and countries.

Russia and Saudi go back to usual oil business, but alas, despite that, there is not enough energy to go around as has been the case for months.

The oil price shoots up and everyone looks at each other and asks "How did drop below $100 and stay there for so long with an unprecedented shortage?"