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.

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Baytex Energy Corp > Another recession day $90.58 oil

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Comment by BayStreetWolfTOon Aug 04, 2022 9:25am

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Post# 34870689

RE:RE:Another recession day $90.58 oil

You're crystal ball seems to be clearer than mine....but young kids always seem to have less dust..us old guys shed alot

Alphaseeker1973 wrote: Oil price will be below $80 by the end of August. There is a coordinated effort by government, hedge funds and wall street to make sure this happens. Path of least reistsance is to the downside. What should have happened in 2022 (i.e. oil stabalizing above $100, oil equity re-ratings, etc..) will now happen in 2023. The oil trade is dead and done for a while IMO.

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