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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Bullboard Posts
Post by George98on Dec 08, 2019 2:47am
476 Views
Post# 30433145

Analysts start to "see" again Cdn producers

Analysts start to "see" again Cdn producers Dec 4

Thx Wood Mackenzie f/ great webcast, many Permian producers w/ PDP decline rates >40%, hard to keep production flat if 2020 drilling is same as 2019. Same as SAF Oct 7 outlook “Math Says Permian Growth Forecasts Have To Be Lowered” …

 
 
 

… making former Saudi Energy Minister Falih’s Permian view look right. See SAF July 3 blog “A Big Plus To Post 2020 Oil If Saudi Is Even Directionally Right That Permian Plateau Is “In A Year Or Two Years or Four Years” …

 
 
 

… also reminds of a key advantage to Cdn oil producers, who have had to live with what US is going thru now with very little new equity/debt capital, and proving a growth + dividend oil producing model is working – Cdn oil decline rates are way hugely lower.


Bullboard Posts