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 > Quarter went all back into capital spending! 413 mill!

<< Previous

Bullboard Posts

Next >>

Post by Owlseye1on May 09, 2024 6:07pm

365 Views

Post# 36032329

Quarter went all back into capital spending! 413 mill!

1st quarter is always a busy 3 month for capital spending, drilling. You need a certain amount of well to keep production flat ,let alone grow production organically this was the right thing to do investing back into drilling or bte bottom line. Executed a $413 mill E&D program largest in company history!!!

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?