• Baytex Energy Corp.
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  • Baytex Energy Corp.
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  • Baytex Energy Corp.
Baytex Energy Corp.

Reserves Information

  

Baytex's year-end 2018 proved and probable reserves were evaluated by Sproule Associates Limited ("Sproule"), Ryder Scott Company, L.P. ("Ryder Scott") and GLJ Petroleum Consultants ("GLJ"), all independent qualified reserves evaluators.  Sproule evaluated our Canadian reserves, other than the reserves associated with our Duvernay assets.  GLJ evaluated the reserves associated with our Duvernay assets.  Our United States properties were evaluated by Ryder Scott.  Each evaluator used Sproule's December 31, 2018 forecast price and cost assumptions. All of Baytex's oil and gas properties were evaluated or audited in accordance wtih National Instrument 51-101 "Standards of Disclosure for Oil and Gas Activities" .  Complete reserves disclosure will be included in our Annual Information Form for the year ended December 31, 2018, which will be filed in March 2019.