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 > Eagle Ford presentation updated...

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Comment by WaterDPlantson Apr 16, 2024 9:53pm

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Post# 35992920

RE:Eagle Ford presentation updated...

1) 12-15 years of sustaining development with attractive well economics
April BTE company presentation says 10 years. Not sure if 10 years is averge for company or Eagle Ford reserves increased.

2) Majority of online wells completed with older generation completions, which leaves abundant recoverable resource available for refrac program (slide 13)

3) Targeting an 8% improvement in our operated drilling and completion costs per completed lateral foot over 2023 (slide 16)

And not in the deck but.... NO EXCESS PROFITS TAX!!! in the Fed budget.

Things look good for BTE.

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