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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Bullboard Posts
Post by mintgeckoon Jun 19, 2017 6:00pm
225 Views
Post# 26379990

Oil Crashing and It's Simple

Oil Crashing and It's Simple
Only way BTE will increase it's share price is through dilegence on it's balance sheet or war. The way BTE is going, they are on the right track. Unfortunately the reason there is so much surplus is simple. There is no recovery in the economy, Janet Yellen and the Fed are a fraud. Sadly more pain is coming as the surplus in inventory will keep coming because the GDP numbers are awful and the economy is headed, if not already in recession.
Bullboard Posts