Baytex Acquisition Of Ranger Oil Provides More Growth Opportunities, Capital Investment Optionality, Says CEO

Baytex Energy Corp.’s US$2.5-billion take-over of Eagle Ford shale developer Ranger Oil Corporation provides the company with a new growth platform and the scale and optionality to shift capital investment to areas with the highest returns, Baytex president and chief executive officer Eric Greager said in a conference call with analysts.

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