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 Purveyoron Oct 25, 2017 9:32am

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Post# 26855001

RE:Taxes

The CRA issue as known last June before Q2 release. This is already baked in. BesIdes it will be appealed and doesn't become relevant until 2019.

"Baytex will file a notice of objection with the CRA for each reassessment and the company’s release noted that process is expected to take two years. If those objections are denied, the company plans to appeal further to the Tax Court of Canada, a process which would delay the payments by another two years."

its a non issue today

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