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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 Paray99on Nov 16, 2022 11:35am
168 Views
Post# 35103458

RE:RE:RE:API REPORTS TODAY

RE:RE:RE:API REPORTS TODAY

They fake every bit of news in US to their advantage!
It is their goal to pull down the oil price, pump up the US dollar and pull down the gold price at any cost. They are very successful in these so far. However, once the cards turn, everything will shoot up. 

The fact is that oil inventories has dropped by a big figure and keep dropping. So, by end of today the oil will shoot up and will continue for rest of the week.

In the news they already start telling that Russian oil started flowing again to Hungary, new oil started flowing from Guyana, China is still locked up etc. etc.... All BS. The oil demand will go up and the supply is still an issue. So, oil will go above $100 by end of the year.

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