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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

Post by Rolex888on Dec 28, 2024 1:49pm
343 Views
Post# 36379476

Ranger deal was a good deal

Ranger deal was a good dealEric Gregor has 1.1 million shares. He has turned
around two oil companies and is very capable of
doing the same with Baytex. Maybe a deal
does materialize where they can sell their Texas assets
pay off debt and concentrate on heavy oil.
The total sum of the parts is more than double the
current share price. I have been adding here.
But looking like 2025 will be another  70 to 80
per barrel year. 
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