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 > It’s all politics …lol

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Comment by Kelvinon Oct 15, 2024 8:53am

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Post# 36266017

RE:RE:RE:RE:It’s all politics …lol

Well the noise today is that OPEC downgraded their demand growth estimates because of weakness in Chinese consumption. Soon it will be Al Shabaab or someone attacking Algerian or Libyan oilfields or something driving prices up. There's no shortage of noise producing geopolitical events that cause volatility in the oil markets.

https://oilprice.com/Energy/Energy-General/OPEC-Slashes-Oil-Demand-Growth-Forecast-Again.html

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