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 > Duvernay results are going to surprise.

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Comment by ManitobaCanuckon Oct 30, 2024 9:18pm

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Post# 36289869

RE:RE:RE:Duvernay results are going to surprise.

Nice ,
I guess I can now understand where the huge capex is going .

EF is being kept on tight leash and used as a cashcow to delineate and drill Duvernay .
Lets hope this strategy pays off if we hit good successes in Duvernay. That might give a good 100% upside to price if Duvernay economics are lije Peavine .
That is they drill cheaper wells in Duvernay

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