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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 topdown99on May 01, 2022 9:37pm
314 Views
Post# 34646523

Another interesting tid-bit

Another interesting tid-bitI just read on oilprice.com that updated figures show US oil production has been declining since Nov 2021 (as reported by Wolf) with Feb production actually dropping 457,000bpd in that month alone . Also , I saw another article which shows the EU is ramping up purchases of US oil (2M bbl's delivered to Spain late in Apr) not to mention US LNG . It looks like the EU is soaking up a big chunk of Biden's SPR releases . It would seem that Biden once again has pulled the pin out of the grenade but dropped it on the floor rather than throw it at the target . Its just one disaster (for the dem's) after another with old Joe asleep at the wheel , lmao !!!!
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