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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > increased interest in Clearwater wells
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Post by forecast123 on Oct 22, 2021 11:21am

increased interest in Clearwater wells

Just read  in a stockboard CJ has licensed for some Clearwater wells..... Oow! Companies are rushing to have a scoop at Clearwater.... Are BTE Clearwater better investment than other Clearwater investment OR all Clearwater wells investment are quite the same ?
Comment by JohnnyDoe on Oct 22, 2021 12:39pm
My understanding, which was accurate as of a month ago, is Baytex's clearwater wells are the most productive in the play in terms of daily production In terms of investment, we're breakeven at 33 wti which is an extraordinary number for heavy oil. I haven't seen data on profitability of other drillers in the play
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