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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

Comment by JohnnyDoeon Oct 25, 2021 5:19pm
223 Views
Post# 34047174

RE:RE:Clearwater update is in December

RE:RE:Clearwater update is in December
BayStreetWolfTO wrote: Good afternoon JD, Baytex has updated Clearwater in their investor presentation the 1st of the month for quite some time now.

Currently page 23 shows the following

  Well Spud Rig Release # of Laterals 30-Day IPR
6 100/06-31 Q4 Q4 8 -
7 100/14-31 Q4 Q4 8 -

There was activity recently in the north east as well so I am hoping for an update on the additional sections i.e. targets.

They don't need to put out a news release on every little bit of activity. in fact most of the updates have come through the monthly investor presentation published on the 1st of each month.

They publish it like clock work and have all year...which I why I would expect they continue this process and next Monday we see something.

That said they could wait for Q3 results to announce additional info...tough to say.

Cheers



JohnnyDoe wrote: Info I've read from the company says the Clearwater update is coming in December, not next week as posted by Wolf
Maybe I missed something. If anyone has a link to company documents saying there's a Clearwater update coming next week, please post a link.



I'm well aware but thank you Wolf
The company has also committed to producing a formal update to Clearwater in early December with a full 2022 plan and guidance on revenue and an update to their 5 year plan to include Clearwater
I found your thread title misleading. I can't quite figure out if you're deliberately misleading or you're just not too quick. Much the same as our discussion about 6 weeks back on OPEC supply increases where you either clearly misunderstood or were misleading
As I said, I found your thread title misleading. I intend to watch next week's results and the reaction to it very closely with a view to increasing my position prior to the Clearwater update. When I see a thread title with Clearwater update next week, knowing full well the company said it's coming in early December, I question whether I missed something or there's a little misdirection going on
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