Baytex Energy’s has established its 2017 capex and plans to spend 70% of its C$300-350 million total on the Eagle Ford. Production is expected to grow to 66,000- 70,000 boe/d, with an exit rate growth of 3-4% YOY. The company’s production is evenly split between its Eagle Ford and Canadian operations. Baytex’s 2017 capital budget will be heavily weighted to drilling and completion activities (~89%) with the balance for facilities (~10%), land and seismic......
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