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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 Bennys65on Oct 21, 2022 6:27am
881 Views
Post# 35038213

Garg on BTE

Garg on BTEThis is what I got from his 3min on bte.BTE has all tier one assets.Duverney.Thinks  recent licence of 4 duvernay tells you all yoou need to know about the success of the 3 well pad brought on in july.Peavine.positive results from 3 and 4 quarter drilling could set us up to rapid grow in peavine area.Threw out 50,000 to 70,000 upside.Suggested possible sale of eagleford as permian assets bringing top dollar vs assets in canada.Use that money to keep on deleveraging path while speeding up developement of duvernay and peavine.Interesting days ahead.
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