Baytex to sell certain Saskatchewan light, medium crude oil assets

Nov. 28, 2023
Baytex Energy Corp. has agreed to sell certain of its Viking assets at Forgan and Plato in southwest Saskatchewan to an undisclosed buyer.

Baytex Energy Corp., Calgary, has agreed to sell certain of its Viking assets at Forgan and Plato in southwest Saskatchewan, effective Oct. 1, 2023, to an undisclosed buyer for $153.8 million (Can.).

Production from the assets is about 4,000 boe/d (100% light and medium crude oil).

The deal is expected to close before yearend 2023.