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Baytex Energy Announces Appointment.


CALGARY, ALBERTA--(BUSINESS WIRE)--Oct. 5, 1998-- Baytex(TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:BTE.A.) (Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
:BTE.A.) Baytex Energy Ltd. (BTE.A - TSE, ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) of Calgary, is pleased to announce that it has appointed Raymond T. Chan as a Director, Executive Vice - President and Chief Financial Officer.

As CFO, Mr. Chan will be responsible for all of Baytex's finance, investor relations and administrative activities beginning October 5, 1998.

Mr. Chan brings to Baytex 18 years of executive management experience in the Canadian oil industry. Prior to joining Baytex, Mr. Chan was Senior Vice-President and Chief Financial Officer of Tarragon Oil and Gas Limited.

Baytex is an intermediate oil and gas exploration company whose shares are traded on The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 and The Alberta Stock Exchange under the trading symbol "BTE.A".
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 5, 1998
Words:131
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