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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

Post by JohnnyDoeon Sep 02, 2021 7:44am
251 Views
Post# 33799708

Clearwater question

Clearwater question The September presentation says
To-date, we have de-risked 20 sections and pending further success, believe the play holds the potential for greater than 200 locations
I assume that means drill locations. What doesn't add up in my head is if they potentially have 200 drill locations and can generate an average of 500 barrels a day then Clearwater potentially could produce 100,000 barrels a day.
Am i interpreting that correctly?
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