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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Energy Oil & Gas E&P
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

Baytex Energy Corp > UP or Down
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Comment by masfortunaon Jan 06, 2023 1:48pm
102 Views
Post# 35207410

RE:RE:UP or Down

RE:RE:UP or Down
Cobalt wrote: I dont get this undersupplied talk? 2.5 million equivalent new supply in 22 and 1 million more in 23 so 3.5 million more then squares your market now what? and yes the chart shows us that.

  I read somewhere that we need an additional 2 million in 2023 from where we are at the moment.  If I can find the article, I will post it. As for your charts, I am now technical analyst, but charts don't always show the next move.  If you followed your charts only, you would have missed the spike in oil in 2020. And you may miss the tech rally as well...
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