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

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Post by red2000on Nov 29, 2023 2:36pm

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Post# 35759265

OPEC+ discussion for 1,5 Million or more ...

I think 500,000 boe/d should be added to the initial cut for at least 6 months, because of this Eric Nuttall tweet of the day.

Eric Nuttall

@ericnuttall

Why does OPEC not have to worry about "ceding market share" to US shale in 2024+??? Raymond James estimates that 2/3 of this year's surprisingly large production growth came from private operators, many of whom were goosing production ahead of sales processes. Given now limited inventory lives, this is NOT repeatable going forward.

Eric Nuttall

@ericnuttall

Why does OPEC not have to worry about "ceding market share" to US shale in 2024+??? Raymond James estimates that 2/3 of this year's surprisingly large production growth came from private operators, many of whom were goosing production ahead of sales processes. Given now limited inventory lives, this is NOT repeatable going forward.