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.

TSX:BTE - Post by User

Baytex Energy Corp > Bank of Canada - Interesting

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Comment by marxisteon Jan 26, 2022 10:34am

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Post# 34362075

RE:Bank of Canada - Interesting

Absolutely. Very very interesting. Central banks can't go very far on the way to rise rates. Inflation is because of reduced production, high rates will slow it down it even more!! And debts are too high to rise rates... Oil will continue to rise: producers don't have spare capacity. BTE could be at 20$ in 2023...

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