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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 TheWokeLemmingon Jun 15, 2022 10:38am
184 Views
Post# 34757927

I have a bitcoin cousin

I have a bitcoin cousin

About a year ago, he tried to entice me into his pyramid scheme to invest in bitcoin.  I told him No and that instead I felt commodities is where it is at.  He's a former drug addict that took some course and now tries to entice investors to give their money to him.  That was a huge red flag for me in regards to the entire industry.   I also saw the quality of people that were jumping on board and shook my head.  He laughed at me.   Funny how he doesn't contact me anymore.   Im not trying to gloat.  My point is that fundamentals matter.  The laws of supply and demand matter.  Bad government policy matters.  I have no faith that our governments will do what is best and until they signal that they will do what is necessary to increase supply, oil is exactly the place to be.  My opinion only. 

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