Baytex Energy Corp T.BTE

Why keep Llloydminster?

[AvInvestor]

I've posted this in the past. Now that lloydminster is no longer a core asset, why not put it up for sale and use to proceeds to attain their 1.5B target? Stock will surge!

[dandu1924]

The BTE management wont do that because they are on the buyback mode and they dont want to push up the share price, this is an example ot the conflict of interest.

[ManitobaCanuck]

Why sell a profit making asset Menno Hulshof analyst I'll start with a question on Lloydminster Mannville since you farmed in on another rough number 17 sections. You have a lot of running room in the play. And I'm just looking at the slide deck, just that relative returns. It looks like the Mannville is -- I'm going to say, a distant

[AvInvestor]

But it's not a core asset anymore! Baytex is now primarily an eagleford/durvernay play! Investors are tired of this never ending promise to deliver value. Sell a non core asset (more meaningful than the last one to wcp), reduce debt drastically and deliver value back to the shareholders because most are just fed up now.  The issue I see here is that Baytex is trying to attract big

[kegman]

SO IASK, WHAT VALUE DO YOU PLACE ON THIS SALE?  

[AvInvestor]

READ MY ORIGINAL POST! I'm asking the group for this very opinion and if Lloydminster has value given that it ia not a core asset any longer. If it has value in the open market, then management should consider selling it and reducing debt.