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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 masfortunaon Apr 04, 2023 12:46am
398 Views
Post# 35377775

Odds and ends...

Odds and ends...# 1 No the US has not bought any oil  in order to replenish SPR.  They want a sustained $70 price before they wuld be inclined to start buying.

#2 April Baytex update out.  Nothing we don't a;ready know.  No surprises are good surprises insofar as I am concerned.

#3 Acquisition will look much better with oil in the $80s :)

#4 We are about 15% off the 200 day moving average for the sp. This should hit that average over the next few weeks.

#5 What happened to all the "I told you" folks from last week??? Make your own decisions at least you only have yourself to blame.  Those extra 10 000 shares I bought when everybody and their grandmother were aying 'sell" are looking pretty good right about now!


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