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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 d_trumpon Mar 07, 2016 12:01am
126 Views
Post# 24628559

RE:RE:RE:Oil was $36.50 or so Friday close

RE:RE:RE:Oil was $36.50 or so Friday closeI don't think we are seeing anything at all right now becasue there is no volume.  Similarly the volumes traded Friday afternoon between 2:30 and 5:15 are very light so you can't read much into the late day rise - maybe a little short covering prior to the weekend.  When there is light volume the needle can move quickly.  So when the shorts went to cover the potential sellers were all on their way home, hence the price rise.  Tune in tomorrow around 8:30.  Having said all that I do prefer seeing green before heading to bed LOL.
Bullboard Posts