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 > Another big SPR draw down this week

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Post by BayStreetWolfTOon May 16, 2022 1:59pm

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Post# 34686826

Another big SPR draw down this week

Note to factor this into API (subtract 5.0M from the API number)

It will be interesting to see the EIA this week...

Also note it has been discussed that as the SPR draining continues the draw speed declines (need to go further into the storage) something to think about as we approach summer driving season.

https://wolfofbaystreetto.blogspot.com/2022/05/spr-draw-down-50m-from-last-week.html

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