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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 Tradinghandson Jun 13, 2024 8:23pm
194 Views
Post# 36088317

Back to $78 Oil

Back to $78 OilEven $78 Oil BTE is making money! plus the new Canadian Oil pipeline people are not happy with the garbage Oil from the Oil Sands heavy in sulfur from companies like ATH and others needing to sell at a heavy discount, Eric never mentions that? Oil is the life blood of the world so this retreat in Oil will be short lived as we get into summer. When Oil is up $2 to $80+ everyone will celebrate with higher Oil but realize that we're only $2 away from it. We are used to the FED remarks by now and how they affect the market but next week we'll all forget and climb higher, thats the great thing with humans, we forget and move on to positive outlooks. Cheers!
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