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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 red2000on Dec 29, 2022 5:36am
383 Views
Post# 35194797

Eagle Ford acquisition completed...

Eagle Ford acquisition completed...for Marathon Oil...
https://www.oilandgas360.com/marathon-oil-completes-eagle-ford-acquisition-for-3-billion/

Base on this recent deal, I wonder how much worth Baytex Eagle Ford assets...probably 2B$ CDN, it's like 4$ per share !!!

Is it enough to upgrade the assets value of actual Eagle Ford assets of Baytex !?


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