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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

Comment by uwebb429on Mar 05, 2023 1:58am
223 Views
Post# 35319743

RE:RE:Ranger Q4 Earnings Release - March 8

RE:RE:Ranger Q4 Earnings Release - March 8Investor's that bailed out last week are going to have seller's remorse before the end of 2023. Production growth of 10% in Q4 for Ranger and another 10% growth in production during the first half of 2023. 

Ranger Oil Reports Q3 Results 
https://ir.rangeroil.com/press-releases/detail/387/


Henke continued, "As we turn to the fourth quarter, we have a number of exciting opportunities to continue Ranger's strong trajectory of growing value per share, while simultaneously returning cash to shareholders and strengthening the balance sheet. At the beginning of the fourth quarter, in addition to our third rig, we were able to acquire significant additional working interest in upcoming pads immediately ahead of the drill bit as well as partner with a separate offset operator on a large shared pad development to maximize capital efficiency. These opportunities set Ranger up for a very strong start to 2023, where we expect to reach over 50 Mboe/d in the first half of the year."

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