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 07, 2021 9:06am

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Post# 33339093

Africa says no to the developed nations

They want all the benefits we have in developed countries and they know O&G is the ticket

"quoted the secretary general of the African Petroleum Producers Organization, Ibrahim, as saying. With over 100 billion barrels of oil still in our ground, most economies are still heavily dependent on oil revenue. Is Africa ready to forgo the production of those 100 billion barrels and classify them as wasted assets? Ibrahim added.

I would bet they support developed nations decline in Oil production to appease the climate folks

Reference https://oilprice.com/Energy/Crude-Oil/Africas-Oil-Nations-Push-Against-Global-Drive-To-Shun-Oil-And-Gas.html

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