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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 FreddieSanfordon Mar 04, 2022 10:24am
271 Views
Post# 34482991

Rethinking my exit review.

Rethinking my exit review.Prior to the last conference call I was thinking CAD $10 was the water mark for me to contemplate a potential exit but now I'm thinking CAD $12 is attainable this year and will review things at that point.

I can see it going much higher over a multi-year time frame but need to twist the neck off the birds in hand at some point so sizing things up at the CAD $12 mark for an exit is where my head is at right now.




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