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Baytex Reports 2015 Results, Strong Reserves Growth in the Eagle Ford and Revised 2016 Budget

March 3, 2016 7:31 AM EST

CALGARY, ALBERTA -- (Marketwired) -- 03/03/16 -- Baytex Energy Corp. ("Baytex") (TSX: BTE)(NYSE: BTE) reports its operating and financial results for the three months and year ended December 31, 2015 (all amounts are in Canadian dollars unless otherwise noted).

"Our 2015 results reflect the strong contribution from our Eagle Ford assets. The Eagle Ford generates the highest cash netbacks in our portfolio and has enhanced the quality of our production and reserves base. In 2015, 86% of our development activity was focused in the Eagle Ford, which contributed to strong... More