• Baytex Energy Corp.
  • BTE (TSX)
  • Baytex Energy Corp.
  • BTE (NYSE)
  • Baytex Energy Corp.
Baytex Energy Corp.

Viking

  

Viking Map

Quick Facts
Land Holdings 460 net prospective sections
Production (H1/2019) 23,000 boe/d
  • Baytex entered the Viking area in August 2018, following a strategic combination with Raging River Exploration Inc.
  • Shallow (700m), light oil (36° API) resource play with strong operating netback
  • Extended Reach Horizontals are enhancing returns and extending the runway
  • Short cycle, fast pay-outs – spud to producing oil is ~20 days
  • Steady pace of development drives stable production
  • Inventory enhancement continues to be a priority.  Added 160 net unbooked drilling opportunities in H1/2019 through multiple deals and asset swaps