Our crude oil and natural gas operations are organized into three business units: Alberta/B.C. (including our Peace River oil sands area and our conventional light oil and natural gas properties), Saskatchewan (our Lloydminster area heavy oil operations) and the United States (our Bakken-Three Forks play in North Dakota) . Each business unit has a portfolio of mineral leases, operated and non-operated properties and development prospects. Within these business units, Baytex has established a total of nine geographically-organized teams with a full complement of technical professionals (engineers, geoscientists and landmen) within each team. This comprehensive technical approach is intended to result in thorough identification and evaluation of exploration, development and acquisition investment opportunities and cost-efficient execution of those opportunities.
We will endeavour to continue to build value through internal heavy oil property development and selective acquisitions. Future heavy oil development will focus both on the Peace River oil sands area and our historical area of emphasis around Lloydminster. In addition, Baytex possesses an array of light oil and natural gas properties in Alberta and British Columbia.
Click on the map areas to learn more about our Peace River, Lloydminster and Bakken/Three Forks areas.
Areas of Operation
Current Asset Mix