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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 Franman184on Apr 07, 2024 8:09pm
364 Views
Post# 35975956

Thiers a storm brewing

Thiers a storm brewingLooks like the US goverment is pointing the finger at Fatih Birol of the international energy agency for not providing accurate facts. Looks like he was leaning to favour the climate agenda. The supply demand forecast could be alot worst than most people have been led to belive. The lack of investment is about to hit hard in the next few months and years. I worry about demand destruction should oil exceed $120 and above. I think we are all better off to be in the $75 to $90 range. Do you want a quick buck or big profits over a longer term.
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