Ranger Acquisition Overview and Canada Light Oil Update
CANADA HEAVY OIL: PEACE RIVER / PEAVINE / LLOYDMINSTER
Innovative Multi-Lateral Drilling and Top-Tier Efficiencies
Clearwater at Peavine Delivers Exceptional Well Performance and Economics
Peace River (Bluesky)
514 net sections
Produced 12,200 boe/d in H1/2023 (85% oil)
3 net multi-lateral wells planned for H2/2023
T88
8
T82
R22
R15
R8
R1W5 R22
R15
R8
R1W4
R17
R9W3
PEACE RIVER
T87
T81
Long life polymer flood at Seal
Peavine (Clearwater)
T76
PEAVINE
BAYTEX HOLDS THE
TOP 20 CLEARWATER
T70
WELLS DRILLED TO
DATE
Partnership with Peavine Métis Settlement covering
T64
80 contiguous sections
Produced 11,700 boe/d in H1/2023 (100% oil)
T58
Expect to bring 19 net Clearwater wells onstream in
H2/2023
T52
Lloydminster (Mannville)
516 net sections
Produced 11,700 boe/d in H1/2023 (98% oil)
Targeting multiple horizons within the Mannville group of
formations
Long-life water and polymer floods at Soda Lake and
Tangleflags, and SAGD project at Kerrobert
-
Expect to bring 18 net wells onstream in H2/2023
T46
T40
T34
T28
MORINVILLE
T75
LLOYDMINSTER
T69
T63
CLEARWATER Q1/2023
DISCOVERY
COLD LAKE
WASECA Q2/2023
DISCOVERY
T57
T51
EDMONTON
LLOYDMINSTER
CALGARY
T45
T39
KERROBERT
3 SAGD WELL
PAIRS ONSTREAM
Q4/2023
T33
T27
T22
B.C.
ALBERTA
SASKATCHEW AN
R22
R15
R8
R1W5
R22
R15
R8
R1W4
R22
T21
R9W3
BAYTEX ENERGY NYSE/TSX BTE
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