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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

Post by Relaxrelaxon Jun 01, 2021 8:31pm
227 Views
Post# 33308466

I’m predicting a bull market in oil!

I’m predicting a bull market in oil!If this is true, based on the covid recovery, cutting costs, covid money, Saudis needing a sustainable $70 oil price to balance their debt, well we should be seeing a major sling shot effect as the shorts are going to get slaughtered!  Major shot squeezed I believe has started.  Let's keep the price high and wipe out these guys once and for all.  I heard even Reddit is listening.
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