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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

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 edwardoboo79on Jul 14, 2020 1:22am
182 Views
Post# 31263825

Taking longer than hoped

Taking longer than hoped
I have 50,000 shares that are averaged at. 68c and staying long regardless. This company has excellent assets, and has dry and wet options to look at when they start drilling again. They have excellent hedges that last until the fall. The heat wave in the states in settling in for weeks and could go into August. LNG is picking up. Even though USA is a dumpster fire, most of the rest of the western world is getting back on their feet. By the end of the month NG should be close or over 2 and hopefully that causes some pulls off the storage.
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