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 cyclewatchon Mar 05, 2016 8:30pm

203 Views

Post# 24626711

RE:Question

coalnow2 wrote: Is Bte in a easy position to be acquired? Great assets and reduced market cap currently?

Thoughts?

Absolutely a target to get acquired. They only have a single share structure so one vote per share. The stock was $21 last June. The street had written it off.

You're starting to see take overs in this space. I'm sure the Americans want Eagle Ford back. lol

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