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 d_trumpon Mar 06, 2016 9:52pm

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Post# 24628409

RE:RE:RE:Bank watch lists and Credit-rating downgrades....

I was referring to the moody's downgrade - that was several weeks ago. The fact that Canadian banks have added oil companies to their watch lists should not come as a surprise to anyone. Balance sheets across the industry are in terrible shape and the the creditworthiness of EVERY Canadian energy company has deteriorated in the past 18 months, this is not news.

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Advancing flagship Ishkõday Gold Project in Ontario