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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 Oldnaggeron Oct 08, 2021 11:32am
129 Views
Post# 33988774

RE:Indicator

RE:IndicatorA long time ago , I was approached by a technician who wanted to sell me a system that never missed. He trotted out a long list of commodities and proceeded to show me how on each and every one his system was profitable. After scratching my head for a while, I decided to ask What about the commodities that are not on your list? Oh he said only one third of all the commodities were profiable , another third broke even and the last third lost money !!
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