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 Johnnysbackon Mar 08, 2017 10:28am

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Post# 25950098

RE:RE:TRUMP WILL PUSH OUT NONE NORTH AMERICAN OIL

BigFishy wrote:
it is this US greed and endless pumping that will trigger another drop to $30. OPEC can't take all the pain while the US all the gain. Shale is coming on too fast again and OPEC and Russia will eventually tire of it.

And then what??? they cut production again and bankrupt themselves? They have no choice but to try and support oil to $60 where shale will not come on all that much, and everyone can be happy. shale might come back 500k per day but demand increases this year and next will outweigh that increase.

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