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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 downwithdotcom1on Jun 26, 2024 10:46am
266 Views
Post# 36106942

oil inventories out....

oil inventories out....see below...dwdc

EIA reported oil inventory build of 3.6 million barrels for the week to June 21.


gasoline inventory increase of 2.7 million barrels for last week, which compared with a draw of 2.3 million barrels for the previous week.

In middle distillates, the EIA estimated an inventory draw of 400,000 barrels for the week to June 21, which compared with a draw of 1.7 million barrels for the previous week.

Saw another story-oil IMPORTS to the US is at 2 year highs..WHY???
i suspect that the US govt wants this going into the elections
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