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 > Now here is a problem with a NR saying Oil will hit $120

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Post by smallcaptdron Aug 08, 2022 5:02pm

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Post# 34879975

Now here is a problem with a NR saying Oil will hit $120

This news release says that by winter Oil will be back at $120 because of whatever reasons but not one word about global recession is mentioned or how the economy won't be bullish by winter because of interest rate hikes causing the economy to contract. I call BS on this but this is exactly the type of pumping that should be expected by posters on this BB. Time will tell.

https://oilprice.com/Latest-Energy-News/World-News/Analyst-Oil-To-Hit-120-Again-By-Winter.html

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