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.

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Baytex Energy Corp > POSSIBLE Consequence Of MRO BUYOUT: + BTE CAPEX In EF

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Post by ztransforms173on May 29, 2024 9:11am

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Post# 36061995

POSSIBLE Consequence Of MRO BUYOUT: + BTE CAPEX In EF

- with the PROPOSED BUYOUT of MRO by COP, it is 'HIGHLY LIKELY' that COP will INCREASE the PACE of the Eagle Ford DRILLING

- since COP will be the OPERATOR of the COP/BTE PARTNERSHIP, BTE will HAVE NO CHOICE but to TAG ALONG and INCREASE PARTNERSHIP CAPEX

z173

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