Baytex Announces 2018 Budget and Board Succession
Baytex Energy Corp Common Shares (BTE)
Last baytex energy corp common shares earnings: 3/4 06:30 am
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US:NYSE Investor Relations:
baytexenergy.com/investor/overview-investor-relations.cfm
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Source: GlobeNewswire
CALGARY, Alberta, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX:BTE) (NYSE:BTE) announces that its Board of Directors has approved a 2018 capital budget of $325 to $375 million, which is designed to generate average annual production of 68,000 to 72,000 boe/d. Commenting on the announcement, Ed LaFehr, President and Chief Executive Officer, said: “Our 2018 budget builds on the operational momentum established in 2017 which has positioned our business for success in today’s crude oil price environment. Focusing on our three high return resource plays, we will continue to grow our production and cash flow, with a modestly increased activity set. Importantly, after integrating the Seal acquisition at Peace River, we have now set the stage for production growth in 2018 and beyond.” Highlights of the 2018 Budget Funding of Capital Program. As in 2017, we are targeting 2018 capital expenditures to approximate funds from operations in order to minimize additio
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BTE
Sec Filings
- 5/2/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/9/24 - Form 6-K
- BTE's page on the SEC website