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

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Comment by orlandoflon Sep 21, 2018 9:24am

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Post# 28662692

RE:RE:RE:Lovely WCS discount of $33.75

stkfather2 wrote: The death of pipeline projects to the coast has killed WCS.. We cannot get the oil to market overseas, so we are stuck with what the US will pay us for it.
Indigenous groups and enviromentalists have won out on oil in Canada.
May be time for all of us to move on if this continues

I think the pipelines will start up again - but how long until they could be completed and shipping setup to send oil elsewhere? If the U.S. had to compete for those barrels the price would go up - right now they don't have to compete for those barrels and with the U.S. being so friendly to oil companies the U.S. can produce more and be even less dependent on Canadian oil

What could help WCS pricing?

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