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 cyclewatchon Feb 10, 2016 10:21pm

201 Views

Post# 24546260

RE:RE:What are the chances Baytex goes bankrupt?

I would say Baytex is in the survive pile. I bought at these prices and am buying more the moment investor sentiment moves away from 100% sell.

Baytex's pain is nothing compared to the magnitude of pain felt all over the word. Countries are hurting because oil is sold lower than its true price. Countries are carelessly pumping.

Let's not forget, we're not talking Batex at $15 here.

We're talking about Baytex at $2.36 C or $1.71 USD

Looking forward to the revised MD&A

Hope they discuss:

1. Weathering the crazy market short term pricing
2. Discussion of ramp up of operations per each price grades:
$40, $50, $60, $75

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