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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Baytex full steam ahead Clearwater 4 new wells drilling
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Post by BayStreetWolfTO on Mar 16, 2022 8:31am

Baytex full steam ahead Clearwater 4 new wells drilling

Will be updating my blog.now up to 4 new wells in the last 4 days.

All wells to the Wilrich formation 4,000 all tagged confidential.

I believe that take us up to 15 Clearwtarer wells so far in Q1

Very impressive
Comment by BayStreetWolfTO on Mar 16, 2022 8:48am
Blog updated https://wolfofbaystreetto.blogspot.com/2022/01/clearwater-tracking.html
Comment by fortunefavorsus on Mar 16, 2022 8:55am
How long does it take to get these wells online?  Should see a good boost in production by end of quarter.
Comment by BayStreetWolfTO on Mar 16, 2022 9:20am
Fortune, typically a couple weeks to drill...say another week to get things going....give or take...
Comment by BayStreetWolfTO on Mar 16, 2022 11:08am
Surface location change on blog. Updated
Comment by Drifter133 on Mar 16, 2022 11:58am
Wholly chit! Let these wells be half as good as the top producing wells and this Baytex drilling machine and stock pricing will look like it was shot out of a cannon!! Must be nice to have their FCF with WTI priced at over $70.....wait, it's over $95 and will relist on US stock exchange in near future!?...ooooh my!!! choo choooo!!! You would have to be absolutly nuts to sell or short
Comment by Cobalt on Mar 16, 2022 12:03pm
A PE of 2 you cant get cheaper average i looked at today 11 , i dont get it but i need to add cheers
Comment by Drifter133 on Mar 16, 2022 12:23pm
Colblt, this company is absolutly in the best shape/position than at any other time. With the first and especially second quarter results coming up and their exciting Clearwater playS (Seal etc...), Duvernay ( I still feel this play will be a very pleasant surprize at sometime down the road), and WTI pricing being great. Even if WTI pricing dropped a fair amount from here their FCF would be off ...more  
Comment by red2000 on Mar 16, 2022 8:49am
Wonderful ! I don't think many others small others producers are able to sustain this cadence !!! Need money, discipline, efficiency !!! For me, it's another major reason why Baytex will perform much better compare to others small and mid cap energy producers ! Go Baytex Go ! Only my O !
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