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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 Indicatoron Mar 24, 2021 1:38pm
189 Views
Post# 32867445

re below $2.

re below $2.NVA and markets will need some more miserable news to get below $2   :-)
So far NVA is not providing a very tradeable pullback.

Lots are holding the view that once the pandemic / economic fog lifts some more, (which appears inevitable eventually) oil gets back to the races.  Could be some weeks/months away however and I'm a little concerned that the strong Oil season typically ends early May, so this year would have to buck the normal trading trend.

Good luck!




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