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 > API crude oil report

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Post by HighOctane89on Sep 20, 2022 5:03pm

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Post# 34974834

API crude oil report

The API reports a build of 1.0M barrels without accounting for the 6.9M barrels released last week from the SPR . By my math , thats another draw of 5.9M barrels against the true supply/demand , NOT A BUILD !!!!!! A lesson that will be a shocker for the paper market and consumers come November .

I'm sure much will be made of the headline while the real facts are glossed over or totally ignored . So go on , keep kicking the can down the road , this was always a 2023 story for me . I have the time to watch this bus load of fools skid on black ice and plunge into the ravine . I'll be the guy yelling "I TOLD YOU THIS WOULD HAPPEN" , lol .

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