Baytex Energy Corp., a Canadian crude producer expanding in the Eagle Ford shale in Texas, plans more purchases after paying $1.8 billion for Aurora Oil & Gas Ltd. to gain a foothold in the formation.

Before making another large acquisition, Calgary-based Baytex will focus on asset swap opportunities in the Eagle Ford similar to its deal with Husky Energy Inc. in western Canada, Chief Executive Officer James Bowzer said in an interview. Should the opportunity arise, it will consider spending as much as $1 billion on larger assets in North America producing as much as 20,000 barrels a day to replace output declines.

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