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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 survivor2015on Jun 26, 2016 1:43am
142 Views
Post# 24999145

RE:Black Swan or Golden Goose

RE:Black Swan or Golden Goose
The Brits aren't stupid.  They will go out as smooth as they came in.  They've never really been fully in if you read up.

Non-issue, but short term, I do need to reset my buy orders for this one to continue to swag the panic.  My only question at this point is if you follow the TA, you would set a buy just above support of level 1 of $6.84 or level 2 of $6.63.

It will be interesting to see if the Asian markets panic tomorrow at open.  If they do, I'll set my bids at the 2nd level support. 

Comments from the "pro trading" (with the small p) community (the honest guys please, the others are in my "isolation room"- ignore list).

Bullboard Posts