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 > 47,000,000 Shares in 315 Calendar Days -- 50 Days Remaining

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Comment by MLEWICKIMBAon May 14, 2024 8:29am

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Post# 36038297

RE:RE:47,000,000 Shares in 315 Calendar Days -- 50 Days Remaining

Well June 1 is soon and May long weekends are fast approaching. The week before May long weekend usually massive draws.

In terms of creditability BTE is already buying shares at 4.5M plus per month.

Paying a dividend.

The credit issues are solved.

The CAD issue on the debt is optics only. It will be paid down with USD converted into CAD as Baytex reports in CAD.

I think the fear is overdone.

*** WE WILL BE GETTING AN UPDATE ON THE NCIB RENEWAL IN 30 DAYS***

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