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.

TSX:BTE - Post by User

Baytex Energy Corp > BTE assets sales

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Comment by HeavyBananaon Dec 21, 2024 2:48pm

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Post# 36373737

RE:RE:RE:RE:RE:RE:RE:RE:BTE assets sales

I guess one consideration would be ........ was there an active and willing buyer there when oil was higher? You're suggesting there was but maybe the buyer of this small thermal asset was being prudent and only made the offer when oil price was down to todays level ........ hmmmm ?

Near $50 million going to debt repayment above and beyond what was expected for Q4 ....... net positive in my book.

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