Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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.

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Baytex Energy Corp > If WTI gets well over $100 I would hedge the......

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Comment by dllscwbysfnon Sep 28, 2023 1:53pm

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Post# 35659882

RE:If WTI gets well over $100 I would hedge the......

lol, I wouldnt hedge at 60 I would hedge at 120. Why are you talking about hedges that are in place??

65F09A wrote: Careful what you wish for. Bond holders would love to see calendar hedges but not us common shareholders. Current forward calendar prices:

Cal24 $83.01
Cal 25 $76.16
Cal 26 $71.89

The $60 dollar floors BTE has put in place do nothing for shareholders. Those are to keep bond holders happy.