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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
Post by hopper_1on Jun 24, 2016 5:17am
158 Views
Post# 24994389

Brexit "Non Event for oil Prices"

Brexit "Non Event for oil Prices"CNBC First technically speaking the referendum is not legally binding. In theory, British Prime Minister David Cameron could ignore the will of a slight majority of voters, and not make any moves to exit the political and economic bloc. But that is highly unlikely. Assuming Cameron respects the democratic process, he will invoke Article 50 of the Lisbon Treaty, which begins the formal, legal process for leaving the EU. That would then begin a series of negotiations for how to disentangle the U.K. from the many EU structures to which it is a party, and could take up to 2 years (or more if both the U.K. and the European Council agree to extend the discussion period).
Bullboard Posts