Baytex is an oil and gas corporation based in Calgary, Alberta. The company, which first began operations in 1993, is engaged in the acquisition, development and production of crude oil and natural gas. Approximately 77% of Baytex's production is weighted toward crude oil and natural gas liquids. Baytex's common shares are traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE.
Baytex continues to demonstrate superior capital and operational efficiencies as we prudently execute our strategy for long-term sustainability. Baytex's three key oil resource plays - the Eagle Ford in Texas, the Peace River Oil Sands and Lloydminster heavy oil - represent three of the highest rate of return projects in North America.
|Brian Ector, CFA
Senior Vice President,
Capital Markets and Public Affairs