Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp > From CJ board at ceo.ca

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Comment by Greendayon Nov 22, 2022 5:00pm

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Post# 35119995

RE:From CJ board at ceo.ca

Not sure that the SPR has any significant impact on the world price of oil as the SPR is just inventory. Not that much different than if all car owners decided to hold 3/4 of a tank of gas rather than a 1/2 tank. The total amount of fuel doesn't change, it just the place where it's being stored that's changed.

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