Exploration & Production
Baytex Announces 3Q Bakken and Viking Update 2012 Results
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Baytex Energy Corp. is pleased to announce its operating and financial results for the three months and nine months ended September 30, 2012
Light Oil & Natural GasDuring the third quarter of 2012, light oil, NGL and natural gas production averaged 13,801 boe/d, which was comprised of 7,047 bbl/d of light oil and NGL and 40.5 mmcf/d of natural gas. Compared to the third quarter of 2011, light oil and NGL production decreased 2% and natural gas production decreased 17%.
Compared to the second quarter of 2012, light oil and NGL production decreased 1%, and natural gas production decreased 9%. Third quarter light oil production was impacted by the previously announced North Dakota non-operated asset sale which closed in May and included approximately 950 boe/d.
VikingDuring the third…
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