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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 topdown99on Dec 01, 2021 7:20pm
260 Views
Post# 34187762

OPEC+ vs Biden

OPEC+ vs BidenBiden needs immediate results to prop up his failing popularity , OPEC+ have decades ahead of them that don't include Joe . Woke media and dumb policy have put OPEC in the drivers seat and US shale is no longer a threat , profit not production is the new industry religion . The recent assault on oil prices is as temporary and fragile as Biden's mental health . I'm sure OPEC will have much more to say at their meetings conclusion tomorrow .

Investment continues to be curtailed which further restricts production . This game of chicken futures traders are playing will only cost consummers in the long run . The banks have been waiting for an excuse to crash the market , whether it's a "real" concern or not . In reality , this new variant doesn't produce any more severe symptoms or cause any more hospitalizations . Its all a hoax but they control the microphone .
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