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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

Energy Oil & Gas E&P
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

Nuvista Energy Ltd > For the technical people.......
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Comment by Indicatoron Feb 20, 2022 11:03pm
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Post# 34447252

RE:For the technical people.......

RE:For the technical people.......His garbled disclaimer at the end is hilarious !   lol

Well he does paint a pretty bleak picture (and I thought I was scaring folks - lol) .  Of note is the russel 2000, which has broken its trend but could present some decent buys.

Previous S&P500 support was 4300 -  if it breaks that then we could see a US market led down draft.

I am focused on the XLE.  SHould be a very interesting week ahead.

Thanks for the link.
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