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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 smallcaptdron Aug 19, 2022 1:24pm
104 Views
Post# 34907830

China Oil and NG production hits record (Today)

China Oil and NG production hits record (Today)Everyone is turning up production so how long will tightness be a concern it's not rocket science to see that Oil is going to continue its downtrend. And just like when Oil was in the $100+ it started to dip into $90+ Oil then it was all $90+ Oil but lately Oil has been in the $80+ Oil just this morning it was at $88 but the US traders drove it higher to sell into it and now we're at $90 because there are no fundamental reasons for $90+ Oil. In 4 months I predict $75 and since $123 we hit the low of $85 that's a loss of $38 starting in June so is it unrealistic to see $75 in 4 months? 


China's Oil And Gas Production Hits Record | OilPrice.com
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