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.

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Baytex Energy Corp > John Zechner on BNN.....

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Comment by Possibleidiot01on Feb 23, 2023 2:07pm

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RE:John Zechner on BNN.....

Baytex Energy (BTE TSX)

Latest buy at $5.50 Feb. 21

Baytex Energy has a diversified cash flow base, combined with a focus on debt reduction and share buybacks, which should allow for production growth and a strengthening balance sheet while it returns excess free cash flow to investors. The Canadian operating segment includes light oil assets in the Viking and Duvernay, heavy oil assets in Peace River and Eagleford in the U.S. Two key growth assets are its Clearwater play at Peavine and its early-stage Pembina Duvernay play.

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