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 GreenNewbon Apr 13, 2018 1:21pm

150 Views

Post# 27880525

RE:RE:RE:RE:RE:RE:RE:WCS up big

Purveyor wrote: I caught BNN this morning. They also had a guy on saying $67 oil was unsustainable and we will be in for a big drop with all the shale oil coming online.

I like that some are starting to suggest its time to get back into oil. ANY oil plays. Bodes well for BTE

I just saw that analyst from Scotia
Why is 67.00 oil not sustainable ?
US is already topping 10M bpd which makes it a world leader for oil production.

Is OPEC expected to remove caps?
Hoping BTE hits 5.00 before this analysts prediction comes to fruition.

Any thoughts?

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