Baytex Energy Corp T.BTE

Eagle Ford presentation updated...

[red2000]

I think we have something here...

I wonder if they will update the reserves

Still Longs !

https://www.baytexenergy.com/content/uploads/2024/04/24-04-Baytex-Eagle-Ford-Presentation.pdf

[WaterDPlants]

1) 12-15 years of sustaining development with attractive well economics April BTE company presentation says 10 years. Not sure if 10 years is averge for company or Eagle Ford reserves increased. 2) Majority of online wells completed with older generation completions, which leaves abundant recoverable resource available for refrac program (slide 13) 3) Targeting an 8

[Kelvin]

Yeah I've wanted to know for a while now more about how they're going to reduce costs 8% per lateral foot. But when I bring it up I'm called "esoteric" or too technical. I mentioned that in Clearwater bte experimented with potassium chloride and another inhibitive drilling fluid to inhibit the clays from swelling blocking up flow paths for oil. They reported great results. I

[red2000]

Good morning Kevin ! I suggest you to send an e-mail to Brian Ector to ask him what you just mention. He's quick to answer and probably you will be able to post here is answers for the benefit of all Longs shareholders ! In TEAM Baytex we trust ! :)

[dllscwbysfn]

8.5 million to drill a well in the Eagle and 16.5 months to pay for it at $75 WTI. So this does not seem that good to me? Thoughts?

[Kelvin]

Good morning Red2000 The following is a copy and paste of the email that I sent to [e-mail] Dear Mr. Ector.   I am writing you to find out more about the technical details on how bte plans to reduce the operating costs at Eagle Ford. Bte has mentioned a targeted reduction of 8% per lateral foot.   I note that bte has had great success experimenting with

[red2000]

Excellent !!!

[aegisfang9]

We should all count our lucky stars that we dodged a windfall tax yesterday. Imagine if that had happened!