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 Johnnysbackon Dec 21, 2016 9:00am

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Post# 25628767

RE:7.15

Daytrader1971 wrote: If the EIA numbers match API (I agree big if) we jump into the. 7 range quick.

Last week EIA was even more bullish than API and BTE hit 7.00 briefly before dropping afterwards. People have short memories, that was only a week ago..... the markets know that Dec is inventory reduction month to clear up the books.. Inventorys normally drop in Dec historically. The real tale will unfold in January.... Not so sure how much buying of BTE there will be for the remainder of 2016.

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