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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 riskion Dec 18, 2022 3:25pm
182 Views
Post# 35178565

RE:RE:hedges

RE:RE:hedges

It's a great reminder.  Louisiana light is what eased thr losses during the multi year oil bear where WTI flirted with it sat in the $40s for long periods of time. 


gareez47 wrote:
And 30% of Production is Louisiana Light at Eagle Ford, currently $77 US
The doom and gloomers seem to latch onto headlines without figuring out
how it applys to a specific stock.
Do your homework before you post generalities people
Eagle Ford plus WCS hedges means 50% of production is protected.

 

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