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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

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 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

Nuvista Energy Ltd
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Post by pwig01on Mar 05, 2019 8:21pm
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Post# 29446966

Q4 Results

Q4 ResultsMarch 5 (Reuters) - Nuvista Energy Ltd:

* NUVISTA ENERGY LTD. ANNOUNCES
 - RECORD INCREASE TO RESERVES,
 - POSITIVE YEAR END 2018 FINANCIAL AND OPERATING RESULTS,
 - RE-AFFIRMS STRONG 2019 PRODUCTION GROWTH

* PRODUCED 49,060 BOE/D FOR Q4 OF 2018

* FORECAST ANNUAL PRODUCTION PER SHARE GROWTH OF APPROXIMATELY 13%

* Q4 2019 PRODUCTION PER SHARE GROWTH OF ALMOST 25%
  COMPARED TO Q4 OF 2018

* QTRLY EARNINGS PER SHARE $0.46

* QTRLY ADJUSTED FUNDS FLOW PER SHARE $0.28

* QTRLY PETROLEUM AND NATURAL GAS REVENUES
  $143.0 MILLION VERSUS $131.0 MILLION
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Dealroom for high-potential pre-IPO opportunities