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 Chief1on Sep 27, 2016 8:59pm

102 Views

Post# 25284118

RE:If

theoilking wrote: The oil market is over supplied, where is all the oil being stored that is produced and who is buying it?
it seems odd that storage all over the world isn't filled right up especially with the oil producing countries as they all seem to find buyers for their oil. Where is all this excess oil?
Goldman is saying there is 400k a day over supply so that's 3 million a week, how can stockpiles be going down anywhere? Any thoughts?

China ? Or Goldman is spewing lies to manipulate the marker for their own gains

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