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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 LittleOgre1on Nov 23, 2022 4:13pm
170 Views
Post# 35123229

RE:RE:RE:RE:RE:RE:From CJ board at ceo.ca

RE:RE:RE:RE:RE:RE:From CJ board at ceo.caOn a side note this is oil that is all ready on the market.  If indeed the states uses it to refill the spr instead of buying state side to do so it will still be a nice bump in oil price.  If Mr. Putin decides to turn off the taps to all who wish to buy at cap well then thats close to 4 million barrels off the market.  Opec can not cover that.  So either Iran or Venzezuela will have to have sanctions lifted or another round of massive spr releases will happen if indeed old Biden is intent on keeping oil prices low.  If not our dreams of 120 oil will happen right quick.
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