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.

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Baytex Energy Corp

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Comment by d_trumpon Feb 05, 2017 12:14am

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Post# 25801051

RE:RE:RE:RE:RE:RE:RE:RE:Eagleford is a flop even at oil the low 60's.

you are correct Ryehigh. The Andarko assets are "tier 2" whereas BTE's EF acreage is tier 1. Apples to oranges. This is addressed in the transcript of the whistler presentation....I believe they even discussed the likely value but I can't recall what the number was (except that it was much higher than Andarko).

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Visionstate set to leverage success in the U.S. market