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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 269,000 gross 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 Jan 04, 2023 6:18pm
450 Views
Post# 35203834

API report

API reportYeah , pretty hard to get excited about much in this environment , good news is bad and bad news is even worse . Nobody cares that the SPR released another 2.7M barrels last week bringing the reserve down to 372M left in the SPR . Without that release the build would have been 500K  , not the 2.7M . It seems 2023 is just Q4 2022 revisited , I am interested in what the EIA report says but as it stands , crude has no friends even with it being so over sold . Like the song says , time is on my side .
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