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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 Jul 06, 2021 12:20pm
95 Views
Post# 33499192

Getting harder to stay the Nuttal course

Getting harder to stay the Nuttal course
$75 Oil seems to be a sticky point.

Biden calling on Opec to open the valves.

Some oil research pundits saying Shale will not be able to resist major ramp up @ 30% FCF if oil continues to rise.

Nuttal's $100 lack of supply thesis going to take more time and more demand to see if valid.

Good luck!
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