Baytex Announces C$435 Million Capital Program for 2026
Highlights of the 2026 capital program include: Maintenance capital of C$435 million, reflecting a corporate sustaining breakeven price of US$52/bbl - a 13% improvement over 2025. Growth capital of C$50 to C$75 million focused on the Pembina Duvernay and northeast Alberta Mannville. Infrastructure investment of C$50 million to advance long-term growth, including anchor oil batteries and water infrastructure in the Pembina Duvernay, and gas conservation in Peace River. Exploration and land investments of C$50 million to expand development inventory and test new play concepts across Baytex's extensive heavy oil fairway, including stratigraphic tests, step-out wells, and 3-D seismic.
