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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 IndianSparrowon Mar 07, 2022 11:03am
276 Views
Post# 34490541

5 Year Breakoit

5 Year BreakoitFinally, BTE breaks the 5 year resistance and now should eye the 10 year chart. This is where the mother of all gaps sits. So far the bullish trend line since the bottom has been playing with absolute precision and conviction. Now, the last big hurdle before this mother of all gaps comes into play sits at $7.75ish area. Once BTE goes past $8.00, the real show starts. That will be a topic of another day's discussion. Waiting for the fall of the wall at $7.75 - $7.99 GLTA.
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