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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 BayStreetWolfTOon May 17, 2022 10:13am
204 Views
Post# 34688984

Baytex news to watch next few weeks - debt elimination

Baytex news to watch next few weeks - debt elimination
As mentioned they intend to wipe out the last of the 2024 note (long-term debt)...leaving only the 2027 note

High oil prices accellerating the management plan one day at a time...


"On June 1, 2022, we intend to repurchase and cancel the remaining US$200 million principal amount of 5.625% long-term notes due 2024 at par. "
 
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