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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 Maxmoeon Oct 21, 2022 11:53am
149 Views
Post# 35039086

RE:RE:Check Out "The Widowmaker"

RE:RE:Check Out "The Widowmaker"Thoughts you ask? The cap will work if they are okay freezing in the dark. Its kinda like me standing at the checkout with a cart full of beef saying I'm not paying more than $10 a pound. I'm going to get a free meal in jail, but then I'm back home and hungry. Maybe I'll go fill up my car next and refuse to pay more than $1 a liter. I'll get another free meal. Maybe a few this time.
masfortuna wrote:
Leewardcape wrote: Nat Gas futures down +50% in one month....sheeesh....
 

Yes it's hard to believe.  All this during an energy crisis. Yesterday evening the EU agreed in principal to cap Nat. Gas. I bought some HNU yesterday morning (a small amount) in case they didn't agree and it looked like that would be the case until yesterdy after the market close in Europe. Today it will drop "Large". So depending on how low it will go, I may take up a full position today or in the next few days of HNU. And yes seasonally this is a low period for Nat gas but...

Thoughts Leeward?



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