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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 uwebb429on Nov 25, 2022 3:34pm
257 Views
Post# 35128931

RE:RE:RE:RE:Top Pick on BNN

RE:RE:RE:RE:Top Pick on BNNDid you consider that some of the Clearwater wells that Baytex recently completed may have moved up the list of top performing Clearwater wells?

The previous public news releases may no longer be accurate. Eric is a smart guy. I think 15 of 15 was an accidental "too much information" slip of the tongue. It will be interesting when the next official news release from Baytex comes out. 

The November presentation mentioned moving to 5 wells per section in this area. The two most recent pads in the Peavine area both have 6 horizontal wells. More wells per pad reduces expenses and will increase cash flow for 2023. 
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