Bullboard - Stock Discussion Forum Nuvista Energy Ltd NUVSF

Primary Symbol: T.NVA

Energy Oil & Gas E&P

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... see more

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Nuvista Energy Ltd > Spr

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Post by Carjack on Sep 07, 2023 10:29am

Spr

On Monday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by another 800,000 barrels in the week ending August 28, with the SPR inventory still sitting at a near 40-year low of 350.3 million barrels. The amount being funneled into the SPR is a small portion of the hundreds of millions of barrels that were sold off out of the SPR over the last couple of years.