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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Post by Purveyoron Oct 10, 2018 11:50am

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Post# 28773462

Why is WCA low ?

When you only have one major buyer, they pay what they want. Who doesn't get that? Oh yeah, the Canadian government, that's who! What a bunch of toads.

The differential should decreaase when a pipeline comes online in 18 months or so. OMG!. Lol. Read this one: https://ca.reuters.com/article/businessNews/idCAKBN1KO21K-OCABS

Here's a bit dated WCS report from EIA.

https://www.eia.gov/todayinenergy/detail.php?id=36032

With Venezuela OIl dropping off and Canadian crude imports picking up, WCS should be commanding a better price.

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