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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 Jan 31, 2022 10:21pm
218 Views
Post# 34383035

Isn't it delightful ...

Isn't it delightful ...
... when you can go to sleep at night and not worry about holding stocks ;-)

Seldom in my trading journey have there been times when you can let your plays ride for months on end and just trade for fun around them.

I've timmed down to 25% of portfolio in Oil stocks over the past months but it has been and continues to be a very nice ride.

I didn't even look at stocks until after markets closed today.  Was today's bump solely on Nuttal's Friday NVA comment?   I'm guessing there is some Ukraine premium baked into the Price of Oil so not smart getting too complacent.

More to come!   Yawnnnn - zzzzzzzz

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