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Baytex Energy Corp (BTE.TO)

BTE.TO on Toronto Stock Exchange

3.58CAD
16 Aug 2018
Change (% chg)

$0.02 (+0.56%)
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$3.56
Open
$3.60
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Volume
2,266,028
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Mon, Jun 18 2018

Canada's Baytex to buy oil producer Raging River for C$2.8 billion

Baytex Energy Corp will buy rival Raging River Exploration Inc for C$2.8 billion ($2.13 billion), the Canadian oil and gas producer said on Monday, becoming the latest company to bet big on Canada's vast shale reserves.

UPDATE 4-Canada's Baytex to buy oil producer Raging River for C$2.8 bln

* Baytex's offer represents premium of 10 pct for Raging River

BRIEF-Baytex Reports Q1 Net Loss Per Share $0.27

* BAYTEX REPORTS Q1 2018 RESULTS WITH CONTINUED STRONG EAGLE FORD PERFORMANCE

BRIEF-Baytex Reports 26 Pct Increase In Adjusted Funds Flow

* BAYTEX REPORTS 2017 RESULTS WITH 26% INCREASE IN ADJUSTED FUNDS FLOW, 6% INCREASE IN RESERVES AND STRONG EAGLE FORD PERFORMANCE

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