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 > CVE CC: CVE Are SHIPPING 100% CONTRACT CAPACITY On The TMX

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Comment by ManitobaCanuckon Oct 31, 2024 2:38pm

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Post# 36291070

RE:RE:CVE CC: CVE Are SHIPPING 100% CONTRACT CAPACITY On The TMX

ztransforms173 wrote: - so the QUESTION becomes WHO is HOLDING BACK ?

- YES, 75,000 bbls/d was CONTRACTED to PetroChina who NOW SOLD their BOOKED CAPACITY to CNQ who will have NO PROBLEM shipping BOTH WCS and SCO on their 169,000 bbls/d TRANSPORTING COMMITMENTS on TMX {including the 75,000 bbls/d SHIFTED from PetroChina}

- what about the other TMX shippers ?

- unlike the COMMON CARRIER NOMINATION ENB MAINLINE, TMX is a FIXED PAY CONTRACT

* you have TO PAY the TRANSPORT FEES EVEN IF you DO NOT SHIP any PRODUCT in the TMX pipeline

- however, 20% of the 590,000 bbls/d TMX CAPACITY {118,000 bbls/d} is RESERVED for MONTHLY NOMINATION

z173