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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 Sunsandsea123on Jun 22, 2022 8:20am
190 Views
Post# 34773284

Have a look at this.

Have a look at this.

https://finance.yahoo.com/news/petro-victory-energy-corp-commences-110000884.html

CALGARY, AB
June 22, 2022 /CNW/ - Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSXV: VRY) is pleased to announce it has begun its 2022 multi-well drilling program commencing on its Galp-06 well in the Andorinha Field located in the Potiguar Basin.

Highlights

  • The Company has secured environmental drilling permits for a total of seven (7) development wells from Brazil's Environmental Agency, Instituto de Desenvolvimento Sustentvel Meio Ambiente (IDEMA);
  • Civil works at four (4) drill sites and access routes have been completed;
  • All long-lead items for the 2022 multi-well drilling program have been procured and delivered including casing, production tubing, pumps, and drilling fluids;
  • The MAPEEN-01 drilling rig has completed testing and passed its final inspection;
  • The MAPEEN-01 rig commenced drilling the first well at Galp-06;
  • To maximize time and cost efficiencies, the Company has secured a second service rig to batch drill the surface holes at PVE-01, PVE-02 and PVE-03; and
  • The service rig has commenced drilling the surface hole at PVE-01.
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