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 BullishBaytixon Apr 09, 2016 7:16pm

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Post# 24748683

RE:The world is awash in oil...

waiting4godot wrote: prices should be 20 and lower a barrel

Interesting thought but at $20 a barrel who wants to invest in exploration or production of oil? Next think you know you have a shortage of a commodity that the world cannot survive without... unless you are willing to go back to living in a cave.. I know I am certainly not. Thats why when there is a shortage (and we are withing 1% or so of daily consumption) then oil will shoot drastically higher.

Oil is the most important single commodity we have.

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