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 THEY PAID OFF 150M in DEBT?

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Comment by jleer42on Nov 02, 2023 5:41pm

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Post# 35714655

RE:IF THEY PAID OFF 150M in DEBT?

The debt is in USD and gets converted to CAD for the financial reports. The exchange rate at end of Q2 and end of Q3 is different. The debt in USD decreased from Q2 to Q3. However, because of the FX rate change the debt when converted to CAD increased from Q2 to Q3.