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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

Bullboard Posts
Comment by bshort92on May 01, 2013 4:42pm
94 Views
Post# 21326000

RE: RE: I did have a bad day!

RE: RE: I did have a bad day!

Timing has nothing to do with the plight of BTE. It has everything to do with the morons running this outfit. Since Anthony Marino's departure this company has done nothing. The share price downdraft negates anything positive achieved by holding the shares and collecting the dividend. They need to bring in a solid operator and right this ship. Some of the smarter players in the heavy oil space are privately held concerns like Northern Blizzard, Rife Resources and Gear Energy. They are run by smart instinctual individuals who spend more time executing their plan rather than explaining away incompentent execution. Shareholders sell shares when the operators are perceived of as clueless.

Bullboard Posts