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Stock impact report

Baytex Announces Closing of Strategic Combination With Raging River, Updated 2018 Guidance and Confirmation of Preliminary 2019 Plans

Baytex Energy Corp Common Shares (BTE) 
Last baytex energy corp common shares earnings: 3/4 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CALGARY, Alberta, Aug. 22, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) is pleased to announce the closing of the strategic combination with Raging River Exploration Inc. (“Raging River”)(TSX: RRX).   Baytex has emerged through this transaction as a well-capitalized, oil-weighted company with an attractive growth and free cash flow profile provided by its world class assets focused across North America. Current production is approximately 94,000 boe/d (83% liquids) from a diversified asset portfolio, including Viking, Peace River, Lloydminster and East Duvernay properties in Canada and the Eagle Ford in Texas. Baytex has a deep inventory of drilling prospects that generate top tier returns on invested capital with the capability to deliver meaningful organic production growth. Neil Roszell, Chairman of the Board, commented “Today we have united two strong oil companies with exceptional people and assets. Our new board of directors and leadership team hav Show less Read more
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