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Baytex 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.
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