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 > Expect many rounds.

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Post by BayStreetWolfTOon Jun 04, 2021 10:13am

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Post# 33329114

Expect many rounds.

Another data point on Iran and timing. Delays in negotiations certainly help oil prices.

On Friday, oil prices rose after the United States said there would be a sixth round of talks in Vienna regarding the Iranian nuclear deal, and possibly further rounds, which delays the timeline for Irans oil to return legitimately to the market.

We expect there will be a sixth. I think theres just about every expectation that there will be subsequent rounds beyond that, U.S. State Department spokesman Ned Price said on Thursday, quoted byReuters.

Reference https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Poised-For-A-Breakout-As-WTI-Nears-70.html

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