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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 BayStreetWolfTOon Oct 20, 2022 1:29pm
308 Views
Post# 35036846

SPR what's left? Not much after congress mandates....

SPR what's left? Not much after congress mandates....Don't forget to cover gaps....congres has a mandate to sell over 9 years 265M...30M a year...so what is left?

400-265 = 135 to bring the SPR to ZERO......LOL

Smaller now Joe 10-15 at a time....max jawboning...

2023 is going to be FUN!





"From FY23 to FY31, Congress has mandated the sale of ~265m barrels from the SPR. A lot of those are for sale in 2025-27."
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