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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 NobleHouseon Apr 18, 2024 1:21pm
208 Views
Post# 35996313

The TMX and Oil

The TMX and OilI read a blurb on Google about Freeland praising the Engineers the workers and contractors doing the golden weld to finally complete .What a political selfserving joke.34 billion 26 1\2 billion over original estimates due to quote political legal and regulatory hurdles.95% of CDNs will be stuck with our current government who will probably sell our taxpayer stake for perhaps 50 to 60% of what we had to invest.Now where does that blame lie in the scheme of things.Political , well that's the Liberals in Ottawa and the BC  provincial government which put up every obstruction they could come up with to delay and add to those cost overruns.Regulatory , just leftwing overpaid hacks working for various government agencies , collecting good salaries , over the top pensions while putting it to the same taxpayers that pay those losers.Then legal , guess where that came from , the same groups who complained about lands , fishing hunting but now that Trudope will give them a good stake at a severely discounted price , they are all on board.Just the same old same old , , pandering to select groups at the expense of the majority.Now how about BTE shareholders and the rest of the Patch.Finally , access to Tidewater and another price for our commodity and a continuing lessening differential to WTI as the Americans who have taken advantage for over 7 decades are now going to have to cough up.The only negative is those obstructionist a have drastically increased the price of shipping tolls to make future ownership worthwhile. Still to most of us , this is a great thing for our companies , other than a few non oil owning malcontents who plague this board and others with their continued Ecoidiot stance.Besides some multiple account issues related to one DIMWIT particularly , l have to wonder who is paying them to invest business boards devoted to Fossil Fuel Energy..Pathetic CRETINS.
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