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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 Feb 05, 2023 11:56am
241 Views
Post# 35267626

How India Turns Russia Crude Into the West’s Fuel

How India Turns Russia Crude Into the West’s FuelThis is a good video explaining what we could expect from EU overall forecast fis or higher Oil with $70+ Oil not sticking around for long and once US starts to refill SPR that will support Oil in the $70+ it`ll be interesting to hear what Putin thinks of all this and lets hope that Putin threatens the US during Monday overseas trading day and Oil open up higher for us. If China does what it's expected to do adding to Asia's recent thirst for Oil the market would tighten up quickly then add Russia cutting output by 500,000+ bpd and you have $95 Oil lets get to $85 first. All we can hope for is higher Oil tomorrow even $0.50 and if the dominos start to fall one by one checking off bullish drivers through the months as Oil heads higher we could look back at the chart and see that Friday was the low and the start of it all heading towards $90 Oil. We hope.


Russia-India Crude Oil to Europe, US News: February 5, 2023 - Bloomberg
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