CIBC World Markets ENERGY CONFERENCE James Bowzer Toronto, Ontario President & Chief Executive Officer April 16, 2013 Brian Ector Vice President, Investor Relations
Corporate Profile Summary of Securities Trading Symbol TSX / NYSE: BTE Average Daily Volume (1) TSX: 711,500 / NYSE: 173,700 Shares Outstanding (Current) 122.7 million Market Capitalization / Enterprise Value 5.2 billion / 5.8…
Peace River Multi-Lateral Cold Horizontal Primary (Cold) Development (1) Well Design 8-10 laterals Completed Well Cost 2.6-3.4 MM Production (30-day IP) 300-700 bbl/d EUR 275-550 mbbl Capital Efficiency 5,000-9,000 per bbl/d…
Lloydminster Development Vertical Wells Completed Well Cost 450,000 Production (30-day IP) 30-50 bbl/d EUR 30-50 mbbl Project Inventory (1) 200 net locations Capital Efficiency 11,250 per bbl/day Development Cost 11.25/bbl…
Bakken / Three Forks Development 126 net sections; 27 million barrels of contingent resource * SASKATCHEWAN Bakken-Three Forks Baytex Lands Production (Q4/12) 2,600 bbl/d 2P Reserves (YE12) 34 mmbbl NORTH DAKOTA Sheridan North…
Why Invest in Baytex Superior Asset Base Income Payout Proven Track Record - Low cost development - Committed to paying a - Best-in-class balance sheet inventory oil focus meaningful dividend - Sophisticated risk - Sector leading…