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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 oilismoney1on Feb 26, 2016 11:21am
134 Views
Post# 24598623

RE:Don't think we'll close below $3

RE:Don't think we'll close below $3Lets not forget that BTE did an equity in that purchase, that equity was over $40 per share.

But the real trump card in that purchase was the fact that it is now obvious that BTE's geologist's

were a tad better that the sellers geologists.

The play is light years better than they had anticipated with regards to zones , volumes, oil and all that other good stuff

Great day
Bullboard Posts