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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

Post by Indicatoron Feb 21, 2024 3:14pm
71 Views
Post# 35891587

Looking pretty decent . . .

Looking pretty decent . . . Seasonal strength period for Oil.
Feb --->  May

Still plenty for upside on short term indicators.

My only concern is if Biden goes back to the Stragetic Reserves for another gulp over the coming months. But that seems a long shot.

The trend is your friend, until it ends.

Good luck!






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