Oil and Gas Investing News » Baytex Energy Trust reports year-end 2009 reserves

Baytex Energy Trust reports year-end 2009 reserves

February 22, 2010 @ 3:14 pm In Oil & Gas Company News

Baytex Energy Trust (TSX:BTE.UN)(NYSE:BTE) reported the company's year-end 2009 reserves as evaluated by Sproule Associates Limited the independent reserves evaluator for all of Baytex's oil and gas properties, in accordance with National Instrument 51-101.

The press release is quoted as saying:

Our year-end 2009 report reflects continued growth in our heavy oil reserves to 145 million barrels of proved plus probable reserves, an increase of 18% over 2008, and 97 million barrels of proved reserves, an increase of 12% over 2008.

Click here to access the entire press release ^[1]

Click here to access Baytex Energy Trust Corporate Site ^[2]

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Baytex-Energy-Trust-Announces-Year-End-2009-Reserves-TSX-BTE.UN-1119955.htm

[2] Click here to access Baytex Energy Trust Corporate Site: http://www.baytex.ab.ca