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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 Sugareeon Mar 09, 2022 9:14pm
75 Views
Post# 34501636

RE:RE:RE:War might be over

RE:RE:RE:War might be overhey, i want peace, but not false hope.

The US stock market did not ralliy today from this truce story? It rallied becasue oil tanked, oil  tanked becase the UAE ambassador to USA made a stupid comment about incresing opec production, which the UAE energy minister had to temper later.

Literally, at 12;15 he made the ambassador tweeted and oil tanked $10 in 20 minutes.

https://twitter.com/UAEEmbassyUS

then energy minister later tempered it

His comments came just hours after prices slumped on comments by UAE's ambassador to Washington that his country will be encouraging OPEC to consider higher output to fill the supply gap due to sanctions on Russia after it invaded Ukraine. Russia calls its incursion a "special operation" to disarm its neighbour.

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