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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 Aurum1983on Feb 24, 2022 1:22pm
56 Views
Post# 34458710

RE:RE:RE:WTI spikes over $100 and ...

RE:RE:RE:WTI spikes over $100 and ...I don't think the war issue is not going to resolve anytime soon. This will be a long protracted war with soldiers on the ground. Also obvious to me is that China will be invading Taiwan very soon. Market is just too slow to recognize this I think. They are going to stock up on everything and pay a premium for O&G. The domino effect is going to take a couple of years to play out IMO. Supply is going to be tight for a long time. Meanwhile, as much as war sentiment weights on our hearts, life goes on and the rest of the world  is opening up fully so demand will be high. 

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