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 > Hedge Effect

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Comment by JohnnyDoeon Jul 29, 2022 11:26am

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Post# 34860082

RE:Hedge Effect

Canukiwi wrote: Bay, Red, et al, what is your estimate for the effect on '23 FCF of the reduction from 40% hedged in '22 to the 18% in '23 at a higher price? Thank you.

I believe the upside protection is 96 in 2023. If oil averages 96 in 2023, notionally I get an additional 65m fcf per quarter

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