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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 BayStreetWolfTOon Aug 31, 2022 1:30pm
119 Views
Post# 34932976

August full month draw on commercial stock

August full month draw on commercial stockI recall reading someone talking about builds all of August....yeah another broken crystal ball I guess.

Puts things in perspective....even with SPR dump all of August was still a draw on the commercial side



"OIL MARKET: So far in August, the US has drawn crude inventories at a rate of nearly 300,000 b/d despite the fact the SPR has released stocks at a rate of more than 700,000 b/d during the same period. The SPR releases end, in theory, in late October"
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