Post by
Suzy2cool on Jun 05, 2021 8:06pm
Baytex Clearwater.....
Baytex Discovery! Baytex hit oil! In the recently monthly update from the Alberta Energy Regulator, despite the "confidential" well status, Baytex's Dawson N389 well was disclosed to have produced 2,740 barrels of oil in March, with an online date on or near March 15. This implies over 150 barrels of oil per day for a 2 lateral well, with potential development mode peak productivity of 350 bopd with 5-6 laterals and $1 - 1.5 million well costs.
Comment by
Unlucky13 on Jun 05, 2021 8:12pm
This is old news Susie and this came out weeks ago so I don't think it will excite the market much.
Comment by
Sexp1stol on Jun 05, 2021 9:25pm
This discovery will surely push us past 3$ very soon