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 > BTE most likely moving Domicile to US..

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Comment by riskion Feb 28, 2023 4:01pm

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Post# 35310710

RE:BTE most likely moving Domicile to US..

Definitely instant increased US exposure with this deal which has resulted in much better valuation for oil companies. Call it the Trudeau effect.

JTDOUBLE wrote:
Like encana , I think this takeover BTE probability of moving to US has significantly increased today..

Oil companies in US valuation are a lot better..

I thought it was an oppotunistic takeover ..

Nobody knows its coming..