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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 21, 2023 4:56pm
149 Views
Post# 35598667

RE:RE:RE:Land swaps with Marathon?

RE:RE:RE:Land swaps with Marathon?jdmecomber, Yes, it looks like you've done a fair bit of digging already. Finance, swaps, margin mix, stuff like that I have little knowledge of. I read an article about bte's margin mix strategy and understood very little of what they were talking about. How does an oil company margin mix? I don't even fully understand what a margin mix is. Something about boosting sales of your higher profit margin production. Wouldn't bte essentially have about 4 different production streams? Heavy, light, nat gas and nat gas liquids? Maybe Mararhon needs something that bte's got and bte needs something that Marathon has. That's the only thing that I can think of.
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