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 > Debt Target?

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Comment by CoachAmIon Oct 30, 2023 6:21pm

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Post# 35708239

RE:RE:RE:Debt Target?

It isn't set in stone as the price of WTI is so volatile. I think the hope is that the 1.5 billion is reached between Q1 or Q2 of 2025. Some are hoping that the target is reached by end of 2024, but I think this requires WTI to be between $85-$95.

This is all just my opinion based on what I've been reading.

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