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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 Wildfuryon Nov 06, 2023 11:23am
322 Views
Post# 35719443

Should Baytex sell off Canadian operations?

Should Baytex sell off Canadian operations? Haven't posted here for a while, still holding Baytex since 2020. What if Baytex sold all operations in Canada, would they be able to eliminate all debt? Develop the Eagle Ford to its potential? With no debt, producing on 90,000 bpd with higher US prices and lower transport costs, to me it makes total sense. The anti oil Canadian gov & the WCS vs WTI issue will be no longer. 
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