Baytex CONTINUES to run full steam ahead
Before posting here and asking if they plan to start drilling again ... maybe read a few press releases. From the December 2015 press release we read the following ............."In the Eagle Ford, we expect to have four to six rigs running throughout the year. We will continue to advance the multi-zone potential of our Sugarkane acreage with individual pads targeting up to three zones in the Eagle Ford formation in addition to the overlying Austin Chalk formation. We expect to bring approximately 35 to 40 net wells on production in 2016" ............. so they have never stopped drilling .... they have no debt maturing until 2021 either, and they voluntarily lowered their credit lines because they don't need it.