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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

Comment by Snowballeron Jul 12, 2021 6:43pm
127 Views
Post# 33533821

RE:Hi TD, the positive is OPEC + is the driver of the bus

RE:Hi TD, the positive is OPEC + is the driver of the busThe propaganda machine for covid19 and vaccinations is a big one.  The following is from the same article you're referencing:

"The CDC itself has not estimated what percentage of hospitalizations and deaths are in fully vaccinated people, citing limitations in the data."

AKA:
We don't actually know the % of deaths between the vaxxed and un-vaxxed but we'll tell you whatever we need to in order for you to be convinced to take the vaccine.

-AND-

"Earlier this month, Andy Slavitt, a former adviser to the Biden administration on COVID-19, suggested that 98 to 99 per cent of the Americans dying of the novel coronavirus are unvaccinated."

AKA: We totally made this ratio up and therefore suggest this fits best with our narrative

This my friend is not following the data... you're regurgitating nonsense from the CBC and other Mainstream sources while ignoring the disclaimers they discretely slip in.  Anyone who's actually been observant can see the lack of transparency and absence of integrity in:

-the reported deaths of Covid19 & true underlying health conditions contributing to death
-the false positivity rate and accuracy of PCR testing
-the effectiveness (or destructiveness) of masks, social distancing and lockdowns
-the efficacy of vaccinating children
-the risk factors involved with the covid19 vaccines

People have short memories.  Maybe go back 14 months and revisit how the "data analysis" evolved and tell me again that you're ready to take this propaganda nonsense at face value.  4M deaths?... yeah right! Maybe half that. Maybe.

THIS ALL MATTERS BECAUSE:

1) Covid19 was/is a political opportunity 2) Covid19 is an economic reset opportunity 3) Covid19 is a social re-engineering opportunity

I offer this rebuke because you appear to be someone who evaluates numbers but also the credibility of their sources - not to mention having the insight and discipline to pick up on nuanced disclaimers within those same sources. And it seems to me that Covid19 case count measures (infections, hospitalizations and deaths) are the levers governments have discovered to usurp and manipulate market forces, introduce unprecendented governmenal controls over free societies and propel a climate crisis agenda TO DESTROY OIL & GAS.

Go review the stakeholders agenda of The World Economic Forum and like minded leftist governments and billionairs from around the world. You may start seeing a new cycle of "Pandeconomic" principles that will remain with us for the rest of our lives.

While Covid19 is real, the bigger threat is those who use it for power.







BayStreetWolfTO wrote: OPEC + managed to control supply through the toughest period in history...and continue to do so keeping oil prices above $70. There is no data to suggest they won't control the market.

That said BTE is hedged above their plan numbers for 2022 so far and I believe looking at the futures out through April 2022 they could hedge 100% above a $70 average. I don't see anyone screaming right now hedge it all for 2022 lol.

However they could and as a result still be way ahead of he plan through Q3/Q4/Q1 and Q2

All this variant stuff is noise. All the data shows overwhelming those dying are those who made a choice not to get vaccinated. Roll the dice take your chance. Darwin.

As I say follow the data

"Nearly all COVID deaths in US are now among unvaccinated"

"And only about 150 of the more than 18,000 COVID-19 deaths in May were in fully vaccinated people. That translates to about 0.8 per cent, or five deaths per day on average."

Reference: https://www.cbc.ca/news/health/us-covid-19-deaths-unvaccinated-1.6078680


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