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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 fortunefavorsuson Mar 17, 2022 11:04pm
224 Views
Post# 34524104

RE:Freddie, Clearwater production estimates

RE:Freddie, Clearwater production estimatesIt would seem to just make sense to drill a lot now at these high prices on quick payout wells like Clearwater and if prices should go down some then focus on other areas. 

There is no guarantee that prices want go down at the end of the year due either due to recession or more supply on the market.  I would also think they would be doing a lot of Viking wells at these prices.   Anything you can get online quickly without pipeline constraints.

If second quarter prices hold up above $100 and your extra production estimates are close then results will be spectacular.  Even natural gas prices are holding up.  Maybe $260 million FCF?
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