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 14, 2016 4:00pm

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Post# 24767940

RE:RE:BUY OUT

mrreda27 wrote: If you are happy with a 8 dollar buyout then you should sell now because of the risk is not enought for 8 bucks. Thats like 1.75 more the high of 6.25 this week. Baytex is worth atleast 12 dollars

No sane company is going to pay almost 5 billion for Baytex including their debt. Sure its worth it when you have shares, but COS was 6 billion and they had oil sands ops which is a lot more infrastructure involved and suits SU much more.

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