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 > Baytex ranger deal

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Comment by jack4567on Oct 12, 2024 4:35am

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Post# 36263673

RE:RE:Baytex ranger deal

You're right--it's time for hard questions--for example:

Was the Ranger purchase worth the price paid?

The price paid (and debt incurred) to buy Ranger was thought to be justified by the notion that Baytex could use superior technology to get a lot more bang per buck out of Eagle Ford than Ranger did. This assumption has turned out to be false, in my opinion..

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