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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 1nt2Tradeon Jul 02, 2016 12:23pm
100 Views
Post# 25016908

RE:Buyout

RE:BuyoutAll good points BuyCanadian.  What you are eluding to is the distinction between what acts could be considered criminal versus what is not.  I don't have the time to layout all the evidence that would be needed to support proof of each element of the offence but your lawyer friend might be able top give you the general legal principles like intentional versus accidental, fault elements like recklessness or knowingly etc.   

Discussing the potential of a buyout would not meet the elements of offence.  Seeking alpha and others have published and discussed this BTE buyout possibility as you pointed out.  Where number1hit and other PROdick alias have crossed the line is when they make false or misleading statements like "the buyout next week" as if it a certanity.  Fullreversal published similiar statements earlier this year.  Seems to me this statement is both false (to our knowledge) and misleading and made either knowingly or recklessly.  

As for private prosecutions there is a whole section on the criminal code for the procedure to initiate.  I do not know if competition act offences have ever been privately prosecuted but that irrelevent to my original point that they certainly can be.  As I said I've been involved in them and am currently involved in assessing the evidence available to decide whether a private prosution is wartranted in an unrelated matter.  


Bullboard Posts