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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 Duster340on Sep 15, 2023 12:01pm
164 Views
Post# 35638402

US & China

US & Chinaworking on improving relations "behind the scenes" 
#1 most important for china is to improve there economy
#1 most important for joe is to bring down oil prices and inflation

CNN — 

China appears to have suspended its surveillance balloon program following a major diplomatic incident earlier this year, when one of the country’s high-altitude spy balloons transited the United States, multiple sources familiar with US intelligence assessments told CNN.

US officials believe that Chinese leaders have made a deliberate decision not to launch additional balloons since the one over the US was shot down by American fighter jets in February, the sources said. The US has not observed any new launches since the episode occurred.

The apparent suspension of the program comes as both the US and China have sought to stabilize an increasingly tense relationship. Asked for comment on the balloon program, Chinese embassy spokesperson Liu Pengyu told CNN that the February episode was “unexpected” and “isolated.”

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