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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 > 700bbl/day Clearwater well
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Comment by red2000on Aug 17, 2021 12:48pm
198 Views
Post# 33717383

RE:700bbl/day Clearwater well

RE:700bbl/day Clearwater wellIt's about 95M$ of new revenues at 65$US WTI !

With exchange rate it's 120M$ CDN of revenues with a pay back around 6 to 8 months Maximum !!!
Wonderful !!!

Remember no hedge program on it !!!!

And this is only for the 1st year of production !!!

More Wells may come quickly !!!

Please do your DD, it's your money !!!



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