Baytex Energy (BTE) Reports In-Line Q4 FFO
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Baytex Reports 2016 Results, Strong Reserves Growth in the Eagle Ford and Resumption of Drilling Activity in Canada
March 7, 2017 7:31 AM ESTCALGARY, ALBERTA -- (Marketwired) -- 03/07/17 -- Baytex Energy Corp. ("Baytex") (TSX: BTE)(NYSE: BTE) reports its operating and financial results for the three months and year ended December 31, 2016 (all amounts are in Canadian dollars unless otherwise noted).
"In 2016, we delivered on our production guidance while spending less than our original capital budget. We also significantly lowered our costs while taking steps to maintain strong levels of financial liquidity. In particular, I am pleased that our Eagle Ford assets continue to perform with proved plus probable reserves increasing 6% in 2016... More
