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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 fortunefavorsuson Mar 31, 2022 6:27pm
150 Views
Post# 34564920

Political stunt over oil moving back up after hours up $1.00

Political stunt over oil moving back up after hours up $1.00Like the previous SPR releases market absorbs information knocks price down a little then says little impact on long term oil prices.  When EIA still shows continued draws the SPR release will be seen as reducing future production and a liability and not a benefit to oil prices.
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