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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 BayStreetWolfTOon Oct 23, 2021 12:31pm
534 Views
Post# 34040782

Surprise Surprise....

Surprise Surprise....None of the bears and bashers wanted you to see this yesterday....LOL

RIG COUNTS DROPPPED....YES THATS RIGHT $80++++ OIL AND RIGS COUNTS WENT DOWN!!!!

Now those who say sure OPEC can increase.....no this just means OPEC + has FULL CONTROL!

PRICE UP, UP, UP......people can afford the average price of a home to go up and OPEC+ is looking at this saying why shouldn't we benefit from inflation....they have missed out and it's payback time...

HOLDING LONG JUNE 2023!!

Reference:

https://rigcount.bakerhughes.com/
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