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

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Comment by FootballFan1on Jan 25, 2016 7:49pm

115 Views

Post# 24492305

RE:RE:Is Baytex another Lightstream.....?

juniorbullalive wrote: Once again, the first major debt repayment is 2021 ! How can you go bankrupt before that ?????

1) I never said they are going bankrupt.........2) Ever heard of debt covenants...?.......These are conditions companies are required to meet each period (say every 3 or 6 months) that were agreed to at the time of the loan.....If you want your debt covenants relaxed, the lenders will often ask you to take specific actions, such as sell off assets......

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