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 Confuseddon Jan 30, 2017 12:14pm

85 Views

Post# 25772762

RE:RE:RE:Hang onto your shares don't let this thing shake you out

The hel! with HUGS... I'm just finishing up my 2 week rotation on site... So I plan to smash through some Crown Royal tonight flying home and tomorrow morning in Halifax at the AC Lounge.. I cant see oil not higher substantially higher over the next 3 years.. There was a comment by someone yesterday about OPEC, Russia & US alone being capable of meeting the 1.3 MBPD Year over year increase in demand... that is potentially almost a 4 MBPD demand increase by end of 2019.. Considering 2H 2016 EIA actually reported a cumulative drawdown on crude oil stocks. Food for Thought...

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