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.

TSX:BTE - Post by User

Baytex Energy Corp > Still bullish

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Comment by Volkommon May 18, 2022 4:19pm

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Post# 34693590

RE:RE:Still bullish

Venezuela is a complete nothing-burger. There is no energy industry left in that country. It has totally collapsed.

We would get more from Iran and they don't even have much left once you factor in all their smuggling and ghost barrels.

Furthermore, Venezuelan crude is very waxy. Moreso used for asphalt production and chemical production.

You won't get the molecules out of it that we need.

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