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 > Wood Mac shaves 1M /bpd off global demand

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Post by Tradinghandson Feb 29, 2024 3:58pm

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Post# 35907469

Wood Mac shaves 1M /bpd off global demand

Heres Wood Mac dropping global oil demand another 1M bpd after EIA cut global oil demand to 1.2M bpd in 2024 half of 2023 growth due partly to China sharp slowdown. The first quarter of 2024 has been horrible for oil. If there was no Red Sea conflict oil would be at $65, not the best day for BTE can't wait for Canada pipeline to add 500,000 bpd to the market

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