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

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Post by smallcaptdron Sep 08, 2022 9:39pm

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Post# 34951094

Russia's threats not taken seriously, Yet

Russia threaten to stop selling Oil to any country that supports the G7 and threatened to keep NG turned off or end supplying any country that supports the G7 but Russia stopping sales will ultimately hurt their economy and their currency which is prompted by Oil and NG sales so even though they threaten everyone it would inflict more harm to them and would take away the revenues that are helping to keep the war machine running. Canada could have capitalized on NG and Oil sales during these times if it had an infrastructure set up to maximize production. Canada is sleeping behind the wheel as always. OPEC cuts didn't affect the price of Oil and Russia's threats haven't affected Oil either Yet.

Oil Reserves by Country - Worldometer (worldometers.info)

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Advancing flagship Ishkõday Gold Project in Ontario