Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp

Bullboard Posts

Comment by patenright1on Jul 31, 2015 7:57pm

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Post# 23981866

RE:RE:RE:$11.26 Close

Piper, good strategy for building long term core position, I am doing the same, always best to scale in /chip away. Agree, oil should hold low 40s, may even hold 46-47 but now is time with BTE at 9-11 cdn range to simply layer in your bids and walk away, I am not even sure I will trade although I may if get a big rip like you say - ie. $2 move up but I really feel we are at stage with BTE and other oils that you just gotta buy in layers and if one has a 2-3 year time frame, good money will be made.

Bullboard Posts

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