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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 Carjackon Apr 28, 2024 8:16pm
139 Views
Post# 36011936

Kinder Morgan Declares Force Majeure on West Texas Gas Pipel

Kinder Morgan Declares Force Majeure on West Texas Gas Pipel

(Reuters) — Pipeline operator Kinder Morgan said on Friday a fire that erupted on a West Texas natural gas pipeline it operates was extinguished after burning for most of the day.

The Houston company declared force majeure on a segment of the pipeline in Ward County, Texas, following the fire, according to a notice filed on a company website on Friday.

The force majeure affects the Lockridge Lateral segment of the Natural Gas Pipeline of America system. The outage will disrupt flows to 10 locations in west Texas until further notice, according to the filing.

"A segment of the Natural Gas Pipeline Company of America LLC's (NGPL) system near Pyote, Texas experienced a natural gas release and fire, which has been extinguished," company spokesperson Amy Baek said.

Captain Rudolpho Ozuna with the Ward County Sheriff's office said a natural gas pipeline exploded shortly after 5 a.m. CDT (1000 GMT) on Friday.

That explosion triggered another blaze that enveloped a liquids pipeline nearby, Ozuna said. The liquids pipeline was carrying "oil or something like that," he said.

As of 4:30 p.m. CDT, a fire was continuing to burn, Ozuna said. No injuries were reported.

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