BAYTEX TO PRESENT AT CIBC'S WESTERN INSTITUTIONAL INVESTOR

CONFERENCE

CALGARY, ALBERTA (January 24, 2020) - Baytex Energy Corp. (TSX, NYSE: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at CIBC's 23rd Annual Western Institutional Investor Conference on Thursday, January 30, 2020 at 11:10 am MST in Banff, Alberta. Interested parties can listen to a live webcast and view the presentation slides via the following URL:

https://cibcvirtual.com/banff2020

A replay will be available on the Baytex website, www.baytexenergy.com, for six months following the presentation.

Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Approximately 84% of Baytex's production is weighted toward crude oil and natural gas liquids. Baytex's common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE.

For further information about Baytex, please visit our website at www.baytexenergy.com or contact:

Brian Ector, Vice President, Capital Markets

Toll Free Number: 1-800-524-5521

Email: investor@baytexenergy.com

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Baytex Energy Corp. published this content on 24 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2020 18:24:06 UTC