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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 kerrdbon Jan 17, 2016 1:47pm
89 Views
Post# 24466558

RE:RE:RE:RE:RE:OIL price

RE:RE:RE:RE:RE:OIL price

The United States on Sunday announced new sanctions linked to Iran's ballistic missile program, just a day after sanctions targeting its nuclear program were lifted.

In remarks shortly before the US announcement, Iran's President Hassan Rouhani of Iran said that any new American sanctions would be "met by an appropriate response."

The US Treasury Department said in a statement that it had added five Iranian nationals and a network of companies based in the United Arab Emirates and China to an American blacklist. 

It said the network had "obfuscated the end user of sensitive goods for missile proliferation by using front companies in third countries to deceive foreign suppliers" and that the five individuals had "worked to procure ballistic missile components for Iran."

Adam J. Szubin, acting under secretary for terrorism and financial intelligence, said that “Iran’s ballistic missile program poses a significant threat to regional and global security, and it will continue to be subject to international sanctions.”

Rouhani, speaking at a news conference in Tehran some 90 minutes before the new US measures were announced, was asked what would happen if the United States imposed new sanctions or violated terms of the nuclear agreement. 

"Any action will be met by a reaction," he said.

"If the Americans impose any measure they will receive an appropriate response."

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