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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 HighOctane89on Sep 24, 2022 6:22pm
115 Views
Post# 34984519

RE:The Point About "Insurance"

RE:The Point About "Insurance"
Leewardcape wrote: For poster HighOctane and others: the point I'm making is "risk"...oil companies drilling in the GOM will absolutely abandon their platforms in the face of a hurricane threat... because their Insurance policy will tell them to! Otherwise, no compensation for you!


Yes Lee , I understand what you are saying and you are correct , I was considering the bad press for putting workers in danger especially after BP's deep water horizon's blowout , fire and spill . Regardless , if those platforms have to be evacuated it will have a definite effect on WTI and nat gas pricing .

Quite a buzz here today with welcomes for BSW being back , I'm glad to have him back and look forward to better days ahead .
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