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December 6, 2023

Baytex announces 2024 budget and five-year outlook with continued focus on free cash flow generation and shareholder returns- oil and gas 360

Baytex announces 2024 budget and five-year outlook with continued focus on free cash flow generation and shareholder returns

December 6, 2023

Oil and Gas 360 Calgary, Alberta–(Newsfile Corp. – December 6, 2023) – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”) announces that its Board of Directors has approved a budget for 2024 exploration and development expenditures of $1.2 to $1.3 billion, which is designed to generate average annual production of 150,000 to 156,000 boe/d. “Our 2024 budget and five-year outlook demonstrates the

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