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Baytex Energy (BTE) agrees to buy ~46 sections of undeveloped oil sands leases in the Cold Lake...

Baytex Energy (BTE) agrees to buy ~46 sections of undeveloped oil sands leases in the Cold Lake area of Alberta for $120M. BTE says the acquisition adds an approved steam-assisted gravity drainage project to its asset portfolio, which currently includes thermal recovery projects at Seal in the Peace River Oil Sands and at Kerrobert in Saskatchewan.
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