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Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Comment by Oldnaggeron Sep 28, 2022 11:13pm
107 Views
Post# 34993964

RE:RE:The Facts

RE:RE:The FactsYes,the second link includes the SPR . Moreover, if necessary , Biden could prevent the export of Crude by presidential decree . ( That was put into place by his mentor OBama )

Weekly U.S. Exports of Crude Oil (Thousand Barrels per Day) (eia.gov)

So the Americans will not run out. though the rest of the world may get a lot tighter. The major issue today is the concentration of global production into the hands of fewer and fewer players with many traditional suppliers on long term downward trajectories that could only be reversed with costly and long lead time development

Right now , renewables will have their hands full replacing coal for many decades to come !!




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