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Baytex has conducted a review of its properties to identify lands suitable for potential disposition. There are more than 25,000 net hectares of undeveloped 85% average working interest land opportunities. The lands are open to Farm-in, Swap, and Purchase Proposals. Multi well commitments with Farmor purchase rights will be given preferential consideration although Swaps and Cash Offers may also be evaluated. All offers and proposals are subject to negotiation and approval by Baytex senior management. Confidentiality and/or exclusion agreements may be required.
Last Updated: May-26-2010
List of Current Business Opportunities
Process and Guidelines
• Proposals will be considered in the order they are received; however Baytex reserves the right to entertain any offer received. • Interested parties are encouraged to present their best proposal first. • Preference will be given to firm multi well commitments with Farmor purchase rights. • Preference will be given to proposals that incorporate the 1997 CAPL Farmout & Royalty Procedure. Upon request Baytex will provide its preferred rates and elections. • Baytex may not have available Show & Tells on all prospects. • Existing productive zones and coal bed methane rights may be excluded. • All offers are subject to negotiation and Baytex senior management approval. • Proposals should be addressed to the attention of the applicable Landman as set out and sent to: Baytex Energy Ltd. 2800, 520 - 3rd Avenue S.W. Calgary, Alberta T2P 0R3 Disclaimer
The information contained on this website is provided only for the convenience of the reader and Baytex and its affiliates make no representations or warranty with regard to its accuracy and completeness. The information posted on this website shall not be considered in any way to be an exclusive offer and all or any portion of the properties may be withdrawn at any time without notice, at Baytex's sole discretion. Baytex shall be under no obligation to accept or respond to any offer. *Adobe Reader is required to view these files. Click on the link provided to download if required.  |
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In accordance with the rules of the New York Stock Exchange, Baytex will provide any holder of its securities, upon request and free of charge, with a hard copy of our annual audited financial statements. To receive these statements please contact Investor Relations by calling toll free 1-800-524-5521 or email investor@baytex.ab.ca. A full text of the Trust's 40-F can be found at http://www.sec.gov/edgar.shtml. There is no significant difference between the corporate governance practices which Baytex follows, and those generally followed in the US. |