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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 31, 2021 4:33pm
272 Views
Post# 34275059

Welcome to 2022

Welcome to 2022Well people , thats it for 2021 and what a year its been . Last year at this time we canvassed for predictions on what each one expected/hoped for in the year to come .

I see WTI remaining elevated $70-$100/bbl in the first half of 2022 , BTE reaches their first debt reduction goal in Q2 and begins buying shares . Clearwater development and production is the wild card but I see a test of the $6/sh level before spring and I expect to see the $10/sh level tested before this year is complete . 

Anyone else ?
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