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Baytex Energy Reports $400 million for 2012 Exploration and Development
Dec. 06, 2011 04:39PM PST
Oil and Gas InvestingBaytex Energy Corp.(TSX:BTE,NYSE:BTE) reported a 2012 capital budget of $400 million for exploration and development activities.
Baytex Energy Corp.(TSX:BTE,NYSE:BTE) reported a 2012 capital budget of $400 million for exploration and development activities.
As quoted in the press release:
Approximately 60% of our 2012 capital budget will be invested in our heavy oil operations, with the majority being directed to cold primary horizontal well development at Seal in the Peace River Oil Sands.
Click here to read the Baytex Energy Corp.(TSX:BTE) press release.Â
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