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 > If E&D for 2025 is guided to be ........

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Comment by ztransforms173on Oct 25, 2024 10:14am

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Post# 36281874

RE:If E&D for 2025 is guided to be ........

- they are SHOOTING for an 8% REDUCTION in WELL COSTS WITHOUT FACTORING IN SERVICE COST INFLATION which RAN from 10 to 15% in the LAST TWO YEARS

- so an 'expecting' an ACTUAL NOMINALLY LOWER CAPITAL BUDGET in 2025 is FOOLHARDY

- WITHOUT a ROBUST and WELL-CONCEIVED CAPITAL BUDGET, BTE PRODUCTION will NOSEDIVE GIVEN the HIGH WEIGHTING of the SHALE/HIGH-DECLINE Eagle Ford BASIN to the TOTAL Baytex Energy production

z173

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