Bayman Texan Energy Corp.



Bayman Texan Energy is authorized by its Board of Directors to hedge up to 60% of its net exposure to commodity prices, interest rates and foreign exchange notes. Transactions in excess of this level must be pre-authorized by the Board of Directors.

Under the IFRS guideline for hedge accounting, the Corp.'s financial derivative contracts for oil and foreign currency do not qualify as effective accounting hedges. Accordingly, these contracts have been accounted for based on the fair value method.



Explore Our

Our operations are organized into Canadian Heavy Oil, Canadian Light Oil and Gas and United States business units.

Operations Map

Operations Map
Responsible Development

In addition to shareholders, Bayman Texan Energy has a responsibility to the communities in which we work and do business.

Corporate Responsibility

Heavy Oil

Learn more about the
business of heavy oil in our marketing section.

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Understanding Heavy Oil