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 > Great news for Oil and BTE. Rig count change immaterial agai

<< Previous

Bullboard Posts

Next >>

Comment by 2021Gambleon Jul 02, 2021 1:56pm

135 Views

Post# 33485121

RE:Great news for Oil and BTE. Rig count change immaterial agai

actually...this is why you shouldn't be hogging the board, and keeping the ones with knowledge and insight away...

the rig count stayed the same last week; with oil rigs down by 1, and gas rigs up by 1

https://oilprice.com/rig-count

more importantly.....the frac spread was down by 3....

so....get a life....

BayStreetWolfTO wrote: Rig count change immaterial continued supply decline

Rig count change immaterial at only +5. This will result in further supply crunch and positive pricing.

Enjoying WTI @ $75 today.

Lots of positive data points continue

Reference: https://rigcount.bakerhughes.com/rig-count-overview