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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

Comment by smallcaptdron Sep 12, 2022 2:27pm
241 Views
Post# 34957326

RE:Rough Post acquisition numbers for comparison

RE:Rough Post acquisition numbers for comparison16,000 bpd is a lot but you really need to look into reserves and whether or not if they can be expanded on production, I don't have those numbers because the company that TVE bought is private so you'll have to dig for that info. Anytime an acquisition is done there's always a risk of everything going smooth at first and you can be sure that the firms have already crunched the numbers and with it selling off that's usually a good indicator of what they are putting the value at.
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