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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 uwebb429on Nov 25, 2022 1:58am
523 Views
Post# 35127436

Peavine Update

Peavine UpdateLooks like Komat Drilling Rig #4 has got 6 more Peavine wells ready for production. They are all horizontal wells from surface location 13-25-078-16 W5.

Between November 3rd and Novemeber 9th, there were 8 more well licences in the Peavine area amended or issued to Baytex. The pad at 
09-29-078-16 W5 has 6 wells so I am guessing that the rig will move there next if it is not there already. It is only 3 miles down the road from the first pad.

Good to see that the new management team is not sitting on their hands. Good times ahead for shareholders. Maybe Eric will have some news tomorrow about how many more 1000 boe/d Clearwater wells Baytex have added recently. 
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