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 Prisme13on Aug 22, 2016 9:01am

78 Views

Post# 25163316

RE:RE:lots of bearish articles today

Every oil article I have read (Seeking Alpha, Globe & Mail, National Post, Market Watch, Bloomberg) for the past summer predicts that demand and supply will tilt on the demand side in 2Q 2017 which will lead oil to higher prices. I have no idea where you are getting your 70$ barrel by December figures and a single reference would be nice since you have been claiming this for a week or two ever since the Saudis have been playing the "I promise this time we can make it work baby" line on the market.

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