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

Bullboard Posts

Post by TheForceson Jun 04, 2017 12:00am

180 Views

Post# 26321510

The whole electric car hype will rationalize

It appears the media message that electric cars will replace conventional cars is getting some rational thinking.

According to top electric car experts, we are looking at 2035 and further for electric cars to have a significant impact on worldwide oil consumption.

China was interesting to watch because it focus on forcing the issue but it too, understands the limiations of EVs.

Furthemore, the market seems to think that car sharing and robocars need to be electric. Nothing further from the truth.

Watch real oil consumption trends in China and India for guidance on future needs.