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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 Cobalton Feb 24, 2022 12:56pm
132 Views
Post# 34458621

RE:US SPR announcement thoughts

RE:US SPR announcement thoughtsCan almost see the bottom and then it is dry

BayStreetWolfTO wrote: So 

Take 1 In Nov/Dec was - 50m barrels = impact as of today ZERO

Take 2 sounds like = 60-70m barrels = impact?


All I know is long-term this is bullish and Saudis and Russia are probably looking forward to it....

Hoping Biden can drain the majority of the SPR before his term is up....if lucky


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