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

Bullboard Posts

Comment by survivor2015on Oct 01, 2016 10:34am

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Post# 25298195

RE:RE:RE:RE:RE:RE:RE:RE:RE:Rig count....

Russia is the nation I would guess everyone is looking at right now? I'm not sure Putin seems what a key role they play on the world stage currently? They probably know and are gearing up for it?

If Russia supports the Saudis, these two nations alone can control the supply. Both of these nations are hurting because of "too-low" oil. Russia has already stated they would cooperate with the Saudis. They have to for their own benefit. Why allow the oil buyer's market to continue at their expense?

The US is 100% market driven. What the US can do is limit imports. Regardless who wins the Presidential races, oil should do well. Trump's main platform is "jobs" so he'll be the first to support oil imports restrictions to allow US production to recover.

Here is what I could find on top oil producing nations: