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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

Comment by Antonyiuson Sep 04, 2024 11:35am
116 Views
Post# 36208063

RE:RE:This is whacked!

RE:RE:This is whacked!I worked with a couple of guys that worked with Exxon on those FPSO's out by Guyana. They said they can put one of those up in a little under two years and each ship does 250k bbl/d and they're slated to put like 8 of them in the next few years. 

Much easier than building a 40k plant in Canada and it taking 10+ years of regulatory, environmental, and political scrutiny. Why did all the international majors exit Canada? 
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