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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

Comment by HeavyBananaon Dec 08, 2023 8:37pm
203 Views
Post# 35775895

RE:Insider Purchases

RE:Insider PurchasesGreager et al could be signalling that the Juniper block is already priced  and locked in and as such it was go time to purchase themselves.

The purchases also make clear that there is no SIB in place to take any portion of the Juniper block if in fact that next block will be an imminent disposition. It would consitute insider trading of the highest order as such .......... but Juniper and another entity signing an agreement for a block trade has no implication of insider trading considering the stock is at very juicy levels to purchase for the purchaser of the block, insiders and any other person on the street !!!
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