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

Bullboard Posts

Comment by Purveyoron Oct 11, 2018 2:27pm

102 Views

Post# 28782935

RE:RRX Would of CRASHED Without BTE Buyout With NO HEDGES !!!

Agreed! This is not just your opinion. This is why hedges are necessary. Sure don't don't get to fill your sails when the winds blow strong, but when it dies, you aren't dead in the water.

Eigen337 wrote: They (RRX) RIPPED OFF BTE shareholders and NOW they would have been IN DEEP DOO DOO without the CASHFLOW of Eagle Ford !!!

@ 10/11/2018:

WTI:     USD 73.17

WTI/Canadian Light Sweet Oil Price Differential:    USD -31.60

Canadian Light Sweet Oil:    USD 41.57

WTI/WCS Price Differential:     USD -52.00

WCS:     USD 21.17

This is my opinion only.

Eigen337