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 Sabatoothon Sep 14, 2015 3:45pm

166 Views

Post# 24102691

RE:RE:Baytex heading into buy out price

bago,

this is wonderful man, a miracle! After the PRE pull out and all the stress involved with that p.o.s. when I saw this drop to the 12 level I thought holy moly, I've been saved! then it dropped again and again and I backed up the truck. Cant wait for divi tommrow, Ill buy even more.

Excellent properties, WTI still higher then break even, 1bill in revolving credit still available.
Buyout or SP goes UP

Bankruptcy is not even an option. It probuly will be if BTE hits 3-4 bucks as that violates its covenants but would take a year in litigation before creditors can do anything anyways so buys more time!

These prices are not sustainable forever we are already in year 2 of the decent, were bound to see a pick up to at least 60 by q1 2016!!

GLTA

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