Baytex Energy Corp T.BTE

Duvernay results are going to surprise.

[HeavyBanana]

Conference call will be exciting on that front me thinks.

[ManitobaCanuck]

  Not sure ,but Brian did say they will disclose results of their drilling results in Duvernay ,Almost 250k of land inventory producing only 8k bbl/day . Peavine results should be encouraging as well . Most importantly wait for conference call on Friday for Q4 guidance and Oct buybacks 

[HeavyBanana]

Well here is an excerpt from TD's analysts report at the end of July, "Pembina Duvernay is delivering: The first three wells of BTE's 2024E Duvernay seven-well drilling program were brought online in Q2/24, yielding an average IP30 rate of 1,350boe/d (90% liquids)." Here is the link to that full report. Will be interesting to see how Q3 lands relative to the report. https://cdn

[ManitobaCanuck]

Nice ,   I guess I can now understand where the huge capex is going .  EF is being kept on tight leash  and used as a  cashcow to delineate and drill Duvernay . Lets hope this strategy pays off if we hit good successes in Duvernay. That might give a good 100% upside to price if Duvernay economics are lije Peavine . That is they drill cheaper wells  in Duvernay 

[uwebb429]

Baytex's top two producing wells at the end of September were near the Battle Lake Natural area in west central Alberta. [url=https://www.google.com/maps/place/52%C2%B054'27.3%22N+114%C2%B012'31.9%22W/@53.0292645,-114.1299625,66437m/data=!3m1!1e3!4m4!3m3!8m2!3d52.907591!4d-114.208872?entry=ttu&g_ep=EgoyMDI0MTAyNy4wIKXMDSoASAFQAw%3D%3D][/url] Baytex Pembina has IP30