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 > BAYTEX 3.12

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Comment by JohnnyDoeon Sep 22, 2021 3:54pm

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Post# 33899854

RE:BAYTEX 3.12

Quietinvestor wrote: Is someone aware of something that we mere mortal are not?

An increase of 33 cents on no news is indeed nice to see, but hard to explain in market terms when one examnies other oil stocks today.

GLTA.

Pure speculation on my part but if you start projecting out on Clearwater the numbers scale up very very quickly
They're talking 12 to 18 wells next year. Take 15 wells at 500 barrels a well. That's 7500 barrels a day. And i think they said they may have 200 locations and the entire play has the strongest netbacks in the baytex portfolio

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