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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 smallcaptdron Dec 15, 2022 5:37pm
193 Views
Post# 35174480

Russia Eyes Increased Oil Production With Venezeula Projects

Russia Eyes Increased Oil Production With Venezeula ProjectsVenezuela is an Oil empire holding the world's largest Oil reserves and since they opened the door for Chevron to resume production now Russia is planning on increasing the production which will flood the world with cheap Oil which will affect the price of Oil down the road and with the FED saying that they plan on keeping higher interest rates longer will slow the economy drastically next year and with China being in the crapper there's not going to be any recovery coming from them till next year and China announced that COVID records won't be available this way they can lie and if things were going good then why wouldn't they use the statistics to show the progress so hiding this just proves that they are far away from recovery so what's left to be bullish about? We'll see tomorrow and I'm not expecting Oil to be much higher if it's up at all.




Oil Reserves by Country - Worldometer (worldometers.info)

Russia Eyes Increased Oil Production With Venezeula Projects | OilPrice.com
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