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 > Opec plus..

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Comment by JohnnyDoeon Aug 29, 2024 7:23am

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Post# 36200765

RE:RE:Opec plus..

dandu1924 wrote: BUT EVERTHING does not last long just half day or if we are lucky just one day and after that, still the same pattern, down and fall as a rock.

There's an American election in 10 weeks. Low oil is good for incumbent governments. Imo everything and anything is in play to try to keep oil prices lower.

Is a Harris government good for Saudis? What might they be offered to bring production back on line. What about the Russians? What's in their interest?

Is Trump "I can solve the war in 24 hours in their interest?"

Once we get on the other side of this election we'll likely see global supplies having more influence on oil prices

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