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 > NUTALL hinted that something was up Jan 27 Market call

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Comment by riskion Feb 28, 2023 12:17am

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Post# 35308716

RE:RE:RE:NUTALL hinted that something was up Jan 27 Market call

Very odd leak. This never happens in O&G. The source is easy to trace. No one would risk their job with unprofessional behaviour for no personal gain.

I think this is likely a trial balloon. The exec team wants to satisfy their ego with an acquisition, but fears a poor market reaction.

I think the leak is intentional.

Burgersandfries wrote: Maybe it's a great deal for baytex? Maybe it's not going to happen very odd there's a leak on a deal this size. Funny how most just assume the deal sucks.

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