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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
Comment by zenith9on Jul 28, 2017 1:17pm
42 Views
Post# 26522350

RE:CEA - Cerus Energy Group. Do your DD on this

RE:CEA - Cerus Energy Group. Do your DD on thisif you bought when I posted this youd be up alot of $ already. do your dd!!!!!!

zenith9 wrote: Reasons CEA is undervalued now.
 
1)Mac the ceo holds 12,000,000 shares

2)Low Float of 52,000,000 shares take away CEO shares and we down to 40M

3)Tiny Market Cap of 8m

4)Rasing 25 Million!!  How does a small market cap of 6 million able to raise 25 Million???  Go look at other companies with 5 times market cap, they have a hard time raising 1 to 2 million.  I feel CEA market cap is highly undervalued you and the share price of $.12 is a serious discount.  I feel we should be trading closer to $.50 and we are flying under the markets radar.  Just a matter of time before investors see the valuation is way undervalued and flock in with the news.

5) Zero Dilution, I repeat ZERO dilution as the Private Placement is totally through their subsidiary lomac!  Mac does not want to dilute is 12 millions shares and I don’t want mine diluted either so this is a win win for ownership and all investors big and small.

6) Drilling 7 Wells with a reputable oil well driller and the stock will get the boost from speculation of drilling that gushing oil.  The area of the wells is known to have lots of oil!

7) News should be out very soon!  Id have CEA on my watch list......

Do your own DD guys but the valuation on CEA is way undervalued by the market and after the first tranche of this PP with zero dilution.  The funds we have should easily double out market capitalization.

Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.cea&postid=26499462#WZB5V8PdToeVqfDk.99


Bullboard Posts