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 > We now in the green soon back at 80$

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Comment by Kelvinon Aug 05, 2024 6:49pm

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Post# 36165123

RE:We now in the green soon back at 80$

US dollar index is dropping. Closed at 102.67 today. I've been following it. It's been hanging around 105 for weeks. In the last couple days an abrupt drop. Oil is priced in USD. All other things being equal it now tskes more USD to buy a barrel of oil.

I've been reading that the US dollar index may drop into the 90s. Again, all things being equal, oil may well shoot up into the 90s.

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