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 > At $80 Oil

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Comment by JohnnyDoeon May 05, 2021 7:41am

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Post# 33130451

RE:At $80 Oil

Lina_Casa wrote: Anyone want to chime in on a resonable share price value for Batex at $80? Assuming oil stays around this level for some time.

Not long ago I thought $80 was ridiculous, but now it's very real, and real this year.

Lina

At stable 80? Rough napkin estimate on the increase in fcf 20*80000*90 = 144M plus the 70 they just generated That cleans out all debt in 8 quarters 8 years of drilling targets left, 860 fcf per year, roughly 7 billion in fcf, 550M shares out Doesn't include Clearwater Stable 80? Well north of 10 bucks a share

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