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 SigmaKappaon Sep 29, 2016 7:56am

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Post# 25289496

RE:RE:RE:Opec cut at nearly all time high production!

I cannot see them using a cut tactic and not going ahead with it. If it temp boosts prices, it allows companies to hedge prod at ahigher price. If they dont follow through, price falls and it doesnt impact hedged companies. This would be a horrible tactic by opec. Plus if saudi ipo national company. They want higher long term prices for ipo valuation.

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