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Baytex Energy Corp. is a Calgary-based〔 Canadian producer, developer and explorer of oil (mostly heavy but also lighter conventional) and natural gas. Though formerly a trust it converted to a corporation January 2011 because of government changes to tax incentives.〔(【引用サイトリンク】title=Baytex Energy 2010 Third quarter Report )〕 Through its subsidiaries, Baytex is "engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets in Canada (in the provinces of British Columbia, Alberta and Saskatchewan) and in the United States (in the states of North Dakota and Wyoming)." Heavy oil makes up 67% of production and 70% of reserves. Assets in Alberta and BC are located within the Western Canadian Sedimentary Basin. Outside of Canada Baytex operates in North Dakota. Baytex was over 40%-owned by institutional investors in late 2013, including four of the big five Canadian banks, and the Quebec Public Service Employees pension fund.〔("Baytex Energy Corp Institutional Ownership" nasdaq.com )〕 For fiscal 2010 total production was 44,341 bbls/d (53% from Alberta) 7% higher than the year before (with a high of over 45,015 bbls/d in the fourth quarter); for the year heavy oil made up 67% of production with the rest split between light oil and natural gas (16% each).〔 In the first nine months of 2010 production averaged 44,113 boe per day (44,799 in the third quarter 64.6% of which was heavy oil) 7.77% higher than the same period in 2009 and 6.6% higher year on year (41,382 boe/d in 2009 2.8% higher than 2008) with light oil and NGL's contributing a smaller fraction, 14.9% in January to September 2010 compared to 16.8% in 2009 and 18.8% the year before;〔(【引用サイトリンク】title=Baytex Energy Trust 2009 40K SEC Filing )〕 That will eventually change since light and medium oil (oil with an API gravity over 22.3 degrees) makes up a growing part of its reserve base.〔 In 2011 Baytex acquired "heavy oil assets located in the Reno area of northern Alberta and the Lloydminster area of western Saskatchewan."〔 By 2014 Baytex was producing about 26,000 bpd at Seal near Peace River, 18,000 bpd at Lloydminster and is anticipating an output of 24,700 barrels of oil equivalent per day in the Eagle Ford.〔〔 In June 2014 Baytex acquired Aurora Oil & Gas Limited.〔 In 2014 Baytex 52-week high was $49.88 and its 52-wk Low was $14.56.〔 ==History== Early on (1993–2000) the company was more focused on developing light oil and natural gas containing properties in North and SE Alberta. In Jan 19, 2006, Baytex Energy Trust announced that the New York Stock Exchange had cleared Baytex to file an Original Listing Application to list its trust units on the NYSE. The company began trading on the NYSE in March 27. In April 2008 it completed a $181 million takeover of Burmis Energy Inc, a Calgary-based oil and natural gas producer (72% of production was natural gas) that was nine times smaller than Baytex at the time. The deal gave Baytex control of the Seal heavy oil property in Alberta and increased daily production by 3,650 boe.〔(【引用サイトリンク】title=Baytex gobbles up Burmis )〕 Many key heavy oil and natural gas assets were purchased from True Energy Trust in the summer of 2009 for US$79.9 million (when the US:Cdn exchange rate was 1:1.164). The deal which included properties near Lloydminster and Kerrobert, Saskatchewan (heavy oil) and also central Alberta (natural gas) increased production and cash flow by 7% and 6% respectively. In October 2010 it sold half of the interest it had in the Kerrobert heavy oil properties to Petrobank Energy and Resources (including another asset acquired in Dawson the transaction cost Petrobank $15 million, Petrobank's THAI and CAPRI technology can help Baytex exploit more of the resource).〔(【引用サイトリンク】title=Petrobank Energy buys out partners in two heavy oil projects )〕〔(【引用サイトリンク】title=Petrobank's THAI Technology Expands Exploitable Bitumen In Place )〕 In February 2011 it completed a $156.5 million deal with a private company for heavy oil assets in Saskatchewan (near Seal Lake and Lloydminster). The acquisition added over 10 million boe of proved and probable reserves and raised company production by about 5%. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Baytex Energy」の詳細全文を読む スポンサード リンク
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