Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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.

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Baytex Energy Corp > How Biden’s Huge Strategic Oil Release Could Backfire

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Comment by red2000on Apr 03, 2022 9:10pm

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Post# 34571832

RE:RE:How Biden’s Huge Strategic Oil Release Could Backfire

I think most of the US strategic reserve was build in the last 5 years at an avg. WTI around 50$ US !!!

I don't think they release it only to maintain the WTI low !

They need money !!! 180M Barrels with a nice profit around 40 to 50$ per barrel
==== 9 Billions US $$$ !

Only my O !

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