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CS - Baytex eyes heavy oil in future of better prices & less debt - October 2019
During a presentation for the Peters & Co. Ltd. Energy Conference, Baytex Energy CEO Ed LaFehr said the company is still focusing on free cash flow generation and net debt reduction but sees plenty of growth opportunities in its Canadian heavy oil assets once Alberta’s curtailment policy ends and prices stabilize. It is currently running at the high end of its production guidance at 97,000 boe/d and is at the low end of its......
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