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.

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Baytex Energy Corp > Buyout?

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Post by ManitobaCanuckon Oct 21, 2021 1:19am

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Post# 34031014

Buyout?

Saw this on Yahoo Finace CVE forum
" $5B prospectus filed by Cenovus with SEDAR on Oct 7 2021? At 14.50 (assumed today’s price) it proposes a dilution of approx 345M shares, but I believe this is likely for an acquisition of some sort - just wondering what CVE is looking to buy."
What is the target if this is true?

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