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

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Post by BayStreetWolfTOon Jun 04, 2021 10:22am

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Post# 33329186

Another important driver for BTE and Oil

Notice no tweets to lower the oil price.

However this just in.

"President Vladimir Putin said on Friday that U.S. sanctions against Russia were driven by domestic political competition in the United States and were an "enigma" to Moscow.

Putin, who was speaking at an annual economic forum in St Petersburg, said the United States was open about wanting to hold back Russia's development."

Reference https://www.reuters.com/business/putin-says-us-sanctions-against-russia-driven-by-domestic-political-competition-2021-06-04/

No kidding. Russia and SA now hold the cards on Oil. And with all the politics, I don't see any favors at this point.

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