PROFILE |
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Nowhere near a body of water or Texas, Baytex Energy produces oil, natural gas liquids (NGLs), and natural gas in Canada. Baytex has stakes in more than 300 producing wells located on more than 940,000 acres, mostly in northwest and west central Alberta and Saskatchewan. The company has proved reserves of 153.1 million barrels of oil and NGLs, and 128 billion cu. ft. of natural gas. Its average daily production is 24,000 barrels of oil and NGLs and 58 million cu. ft. of natural gas. Oil accounts for about 70% of sales. Baytex has strengthened its assets in its core operating areas through acquisitions.
COMPETITION |
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Alberta Energy Company Ltd. (AOG)
Canadian Natural Resources Limited (CED)
Husky Energy Inc. (HSE)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 157.30
1-Yr. Sales Growth: 121.4%
Employees: 143
Revenue per employee: $1,100,000.00
KEY PEOPLE |
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Dale O. Shwed
CEO
Raymond T. Chan
CFO
CONTACT INFO |
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Bow Valley Sq. II, 205 5th Ave. SW, Ste. 2200
Calgary Alberta T2P 2V7, Canada
Phone: 1-403-269-4282
Fax: 1-403-205-3845
Online: Web Site
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