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 1nt2Tradeon Jan 29, 2016 1:22pm

49 Views

Post# 24506162

RE:Crude futures are $41+ for 2016

Are you using the absolute oil futures contract value are a predictor for future oil prices?

Like looking at the charts here:

https://www.barchart.com/commodityfutures/Crude_Oil_WTI_Futures/CL

Then seeing that the 2016 Sept contract is very close to $40 right now that you might expect to be predictive of the actual spot price when Sept roles around?

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