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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 Kelvinon Aug 12, 2023 4:15pm
173 Views
Post# 35585544

RE:RE:RE:RE:RE:Well , it's good to see

RE:RE:RE:RE:RE:Well , it's good to seeDivLover, Your post dove tails so well onto other posts regarding this governments stupidity. Harper, with NDP and Liberal backing approved Energy East pipeline back in 2014. Trudeau cancelled it in 2015. Had it gone ahead it would have been completed by 2017. Over 200,000 bbl/day to Eastern Canada of Alverta oil. The revenues would have stayed in Canada creating growth and jobs. Revenues from employment are the main source of tax revenues for the government.

So instead of increasing the fed's tax base through income tax and oil royalty tax Trudeau shut it down and sent money overseas importing foreign oil boosting their economies instead meanwhile, short of tax revenues, Trudeau simply created a new tax - the carbon tax. People can draw their own conclusions I guess. 


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