Baytex Energy Corp. – Day Three Breakout Notes

Marty Proctor, Chief Executive Officer of Baytex Energy Corp. (BTE) presented today at EnerCom’s The Oil & Gas Conference® 17. Baytex Energy Corp. is a dividend-paying conventional oil and gas corporation based in Calgary, Alberta. The company is engaged in the acquisition, development and production of oil and natural gas in the Western Canadian Sedimentary Basin and has an emerging presence in the United States.

During the company’s breakout session, management was asked the following questions:

• Back to the Bakken properties that you sold to Samson, do you think they are doing a good job operating them?
• With your leverage quite low, and with the payout ratio fairly low, and with continuing increases in production, will you be able to keep up the three year increase in the dividend?
• Enerplus has a stock reinvestment plan for US holders where you don’t have to pay the 15% holding tax, will you be adding this feature for US holders?
• Are you doing any marketing of your heavy oil differentials?
• What is the market like for petroleum coke?  Do you know anything about it?
• Do you see big pipe coming in to take over your rail transport?  What about Keystone?

Click here for Baytex Energy’s webcast.

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