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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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.


TSX:BTE - Post by User

Comment by Antonyiuson Nov 26, 2024 10:24am
138 Views
Post# 36331075

RE:RE:BTE

RE:RE:BTEIt was a sad day when Ed LaFehr stepped down, I got a feeling that the board wanted to go a different direction. They wanted to expand (that's why they picked Greager), and people were impatient with wanting more dividends (that crowd is still vocal online). 

History will tell but there's a reason why Ed saved the company when he took over from Bowzer that was crippled from the Aurora acquisition and we are hurting again from Ranger (albeit not as bad of a deal, but it's been a slow recovery). 
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