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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

Comment by ManitobaCanuckon Mar 04, 2023 7:12pm
153 Views
Post# 35319593

RE:RE:Analysts on Baytex

RE:RE:Analysts on Baytex
Moemoney42 wrote: This deal will set Baytex up in an enviable position to capitalize on premium fields both north and south of the border, and rounds off their production base nicely!

Now that they have operating control of the Eagle Ford acreage, they can manage the growth to their benefit on their lands.

This transaction will give BTE one heck of a lot of torque if WTI stays around $80 USD for the rest of the year.. IMO



Agree 100%.Once Ranger Oil results are out next week, we will know better
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