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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

Comment by Nugoldon Dec 30, 2020 5:38pm
142 Views
Post# 32200014

RE:RE:RE:RE:RE:RE:RE:myhoneypou liar

RE:RE:RE:RE:RE:RE:RE:myhoneypou liarThis isn't an overnight turn around, it's going to take diligence on behalf of the company. Recent actions and plans illustrate this awareness of management. For myself, I purchased at considerably less and I'm not in it for the short haul. They have terrific assets, An apparent willingness to pay down debt with a modestly conservative growth projection. Coming into this after the debt was taken on I'm impressed at the responsible approach. As long as they are not on the rails. (which they are not and won't be if they continue as planned) Without prejudice, very good bargin share price. It's just going to take a bit of patience. Nuvista is here to stay and PAY. JSA.
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