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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 smallcaptdron Oct 11, 2022 10:15am
218 Views
Post# 35017043

JPMorgan Urges U.S. Oil And Gas Drillers To Raise Production

JPMorgan Urges U.S. Oil And Gas Drillers To Raise ProductionJPMorgan was calling for $100 Oil so I wonder why they care. leave well enough alone and hit $110 Oil. Every time that the price of Oil goes higher you're going to get Oil producers doing everything possible to cash in on it and these 3 issues work against OPEC price increases and one of them being the global recession plus adding extra production plus China is heading back towards lockdown. Oil was driven from $76 to $93 so we are seeing Oil prices consolidating which happens after every huge runup. $88 Oil is still $12 higher than the low of $76 on Sept 26. BTE can do great with $88 Oil and when Oil heads higher so will BTE SP. Just remember all the headwinds working against higher Oil


JP Morgan’s CEO Urges U.S. Oil And Gas Drillers To Raise Production | OilPrice.com

Baker Hughes Crude Oil Rigs
Baker Hughes Crude Oil Rigs

Baker Hughes Total Rigs
Baker Hughes Total Rigs
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