Baytex Energy takes dive into TexasCanadian heavy oil producer, Bakken operator buying premium Eagle Ford acreage, most of which operated by Marathon subsidiary Gary Park For Petroleum News Bakken
Baytex Energy, a Canadian heavy oil producer with a stake in the North Dakota Bakken, is expanding its horizons and changing its makeup by agreeing to buy Australia’s Aurora Oil & Gas for C$2.6 billion to gain premier acreage in the Eagle Ford, Texas, shale oil play.
The deal, which includes C$1.8 b....
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Rival bid not expected
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