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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 HighOctane89on Dec 09, 2022 5:29pm
220 Views
Post# 35162849

TC Energy

TC EnergyTC Energy said partial restart of Keystone will happen tomorrow but the line WILL NOT BE OPEN TO THE FORKS AND UNABLE TO REACH CUSHING OK.  In other words , KEYSTONE IS STILL SHUTDOWN AND WILL BE FOR A COUPLE OF WEEKS . WCS is in short supply at the gulf coast and the entire system has about 100 days before inventory will no longer be sufficient to keep refineries supplied with crude . If you could only buy shares in BS you'd be rich as BS seems to be the new truth . 

Conspiracy theory : I don't think there is enough production to satisfy a healthy world economy . 8 billion people aren't consuming less oil than 7 billion people did ............ world inventories of crude are being drained while talkingheads point to imported gasoline as the solution . When the shock actually hits you watch how fast bnn backtracks on this rhetoric . 

PS , I'm getting much more comfortable with the "mas trading plan" , it is money in the bank .
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