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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 Tradinghandson Mar 12, 2024 11:33am
132 Views
Post# 35928501

OPEC oil production rose in Feb despite cut extension

OPEC oil production rose in Feb despite cut extensionHere we have oil production rising even with OPEC production cuts extension jumping more than 200,000 bpd in Feb yet oil is up and Russia keeps flooding the market so I cant wait for Canada pipeline to add up to 500,000 bpd to the mix. Like I said OPEC cuts are voluntary so the minute oil heads higher every country wants in producing more. If oil is rising after hot CPI numbers and extra production cant wait till US cuts rates I'm sure $100 will happen and send the economy into a tailspin and every time oil heads above $90 it retreats just as fast and every chart shows that.
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