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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 Cobalton Oct 04, 2024 9:23am
122 Views
Post# 36252995

RE:RE:Great US job numbers

RE:RE:Great US job numbersThe influx of capital into the US underscores a significant point: only North America possesses the reserve power supplies necessary to operate AI. In contrast, the EU's energy policy is a joke now facing challenges with the advent of AI..

Getting off fossil fuels died with the birth of AI, Just an AI search alone take 10x the energy a google search does, Oracle "We have 162 data centers going to 1000-2000" Got Uranium? Cameco +35% after they dropped this 23 days ago

Oracle is planning to build a gigawatt-scale data center powered by three small nuclear reactors (SMRs), according to founder Larry Ellison.

CTO and chairman Ellison told investors during an earnings call this week that Oracle currently has 162 cloud data centers in operation or under construction globally, the largest of which has a capacity of 800MW and is set to house Nvidia GPU clusters.

But the company will "soon" begin the construction of data centers that surpass a gigawatt of capacity, according to Ellison.

One of those projects, Ellison said, has a location already selected and is in the middle of the design process. The data center is set to be nuclear-powered, with Oracle already having building permits for three small modular nuclear reactors (SMRs).

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