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 > NVA needs a new CFO, its costing shareholders

<< Previous

Bullboard Posts

Next >>

Comment by MyHoneyPoton Nov 22, 2020 1:23am

91 Views

Post# 31948276

RE:RE:RE:NVA needs a new CFO, its costing shareholders

The exact dates may be wrong, i did not look them up but the facts are the same.

The banks keep reducing bank line, 550-475-440 million, 110 million chopped

The CFO only owns 100,000 share, management is not aligned with shareholders.

POU bought 7 percent of the company for 61 cents a share

There is 220 million in bonds and 200 million in share holder equity, and 40 million from the EDC protecting the bank and they keep chopping the line.

I think the CFO and senior management are doing a lousy job.

IMHO These are all facts......

<< Previous

Bullboard Posts

Next >>

Immigration technology stock CanPR begins trading on the TSXV