Baytex Energy Corp: * BAYTEX ANNOUNCES REVISED 2020 CAPITAL PROGRAM * BAYTEX ENERGY CORP - ANNOUNCES A 50% REDUCTION TO ITS 2020 CAPITAL BUDGET TO $260 TO $290 MILLION * BAYTEX ENERGY CORP - IMMEDIATELY SUSPENDING DRILLING OPERATIONS IN CANADA * BAYTEX ENERGY CORP - HAVE REVISED PRODUCTION GUIDANCE RANGE FOR 2020 TO 85,000 TO 89,000 BOE/D * BAYTEX ENERGY CORP - EXPECT TO FORGO DRILLING 43 NET HEAVY OIL WELLS AND 151 NET LIGHT OIL WELLS OVER BALANCE OF THIS YEAR * BAYTEX ENERGY - RECENTLY EXTENDED MATURITIES OF CREDIT FACILITIES TO APRIL 2, 2024 * BAYTEX ENERGY CORP - FACILITIES TOTAL APPROXIMATELY $1.1 BILLION AND INCLUDE US$575 MILLION OF REVOLVING CREDIT FACILITIES AND A $300 MILLION TERM LOAN * BAYTEX ENERGY - EXPECT A MODERATED PACE OF DEVELOPMENT IN EAGLE FORD WITH 16 TO 18 NET WELLS BROUGHT ON PRODUCTION IN 2020 * BAYTEX ENERGY CORP - ALL FULL-TIME EMPLOYEE SALARIES AND ALL ANNUAL RETAINERS PAID TO OUR DIR ECTORS WILL BE REDUCED BY 10% EFFECTIVE APRIL 1, 2020 * BAYTEX ENERGY CORP - FIRST LONG-TERM NOTE MATURITY OF US$400 MILLION IS NOT UNTIL JUNE 2024 * BAYTEX ENERGY CORP - NOW ANTICIPATE 2020 EXPLORATION AND DEVELOPMENT EXPENDITURES OF $260 TO $290 MILLION Source text for Eikon: Further company coverage: |