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Baytex Ups Eagle Ford Well IPs, Targets Austin Chalk
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Baytex Energy Corp. has reported its operating and financial results for the three months and year ended December 31, 2014.
James Bowzer, President and Chief Executive Officer said: "Our 2014 results reflect the continued strong performance of our Canadian assets and the significant growth in assets associated with our Eagle Ford acquisition. The addition of the Eagle Ford to our portfolio has provided us with exposure to one of the premier oil resource plays in North America and has enhanced the quality of our reserves base. The Eagle Ford generates the strongest capital efficiencies in our development inventory, provides the highest cash netbacks and has a significant and growing inventory of development prospects.
The current commodity price environment remains challenging and we will…
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