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.

TSX:BTE - Post by User

Baytex Energy Corp > BAYTEX EXCHANGES $409M IN DEBT FOR $575M

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Comment by robert41on Mar 15, 2024 9:41pm

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Post# 35936141

RE:RE:RE:BAYTEX EXCHANGES $409M IN DEBT FOR $575M

I doubt anyone would put up $575 million to a company knowing it was going bankrupt and I suspect they know more than a few bull board posters... unless they are first on the list re debt repayment and if they were they likely don't want the hassle of dealing with bankruptcy. I think Dandu's thoughts are a little out there on this one.

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