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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 Carjackon Mar 01, 2022 4:11pm
82 Views
Post# 34472570

World oil SPRs

World oil SPRsOlnagger can throw in his 2 cents. World reserves are going to get used up very quickly trying to keep oil prices down. Opec cannot keep up with demand. Demand destruction or terrible inflation is the road we are on today. Oil will continue to rise and we are setting a floor for higher oil prices. My 2 cents and I really hope I am wrong. 150 oil here we come.
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