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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

Post by smallcaptdron Dec 07, 2022 2:35pm
122 Views
Post# 35157054

Looks like Oil will be trading in lower $70 this week

Looks like Oil will be trading in lower $70 this weekWith the current condition forcing Oil lower is one thing but having the FED Rate Decision on Dec 14th is another so Oil could stay here I think that Oil will hit $70 and that would put these heads-up articles coming to pass. We've been in the $70+ for 3 weeks so this is more than a quick bump lower and wouldn't that be something having Oil hit $69 the same way Oil has traded when it was in the $80+ and its first dip into $70 this could happen but let's deal with these conditions first. Nothing is stopping Oil from doing this.



Biden won’t let oil prices drop below $67: Will gas prices go down? (grid.news)

White House Changes Plan To Refill SPR At $70 Per Barrel | OilPrice.com
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