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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 > AWFUL: TMX Under SEVERE THREAT Of DELAY & COSTLY BLOWOUT ?
View:
Post by ztransforms173 on Dec 14, 2023 6:53pm

AWFUL: TMX Under SEVERE THREAT Of DELAY & COSTLY BLOWOUT ?

WATER INFILTRATION could DESTROY EXISTING pipeline BOREHOLE and REQUIRE NEW HORIZONTAL DRILLING PATH and TWO YEAR DELAY

if the pipeline BOREHOLE is FLOODED than TMX and the COMPRESSED WTI/WCS price differentials are TOAST for TWO YEARS as new a REGULATORY VECTOR PATH is PERMITTED and BORED THROUGH

this is TERRIBLE news IF the TMX BC pipeline borehole is COMPROMISED ?

z173
Comment by jleer42 on Dec 14, 2023 7:23pm
Would you share your source. Thanks
Comment by ztransforms173 on Dec 14, 2023 7:29pm
- SEE SU BB under SAME HEADER z173
Comment by riski on Dec 14, 2023 10:47pm
There is no way the regulators will let that happen. There will be a solution and it won't be a two year delay. Just politics at this point. 
Comment by Marty47 on Dec 15, 2023 8:58am
Maybe it's time Trudeau do something constructive , and the liberals get involve , WHY anything a government get involve always cost 3-5 x more than plan budget , are these people have some kind of issues with numbers , 
Comment by masfortuna on Dec 14, 2023 11:57pm
 In other words is another random poster on another board.  LOl!
Comment by Marty47 on Dec 14, 2023 11:51pm
This is from the end of the article  Given the new information provided by Trans Mountain, the CER will likely approve its request, Stifel analyst Michael Dunn said in a note.  
Comment by dllscwbysfn on Dec 15, 2023 9:33am
I would not doubt this for a second. For the liberals it must be a pretty bad look to add that much more production, how would they justify this. So easy solution would be to delay this project until the next election is over.  They will spend somewhere between 30 -40 BILLION on this thing and may never use it. And to think that there are still people out there that would vote these guys
Comment by masfortuna on Dec 15, 2023 10:16am
You are giving our friends in power too much credit.
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