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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 May 04, 2022 11:15am
237 Views
Post# 34655049

Cause of nat gas spike

Cause of nat gas spike

ERCOT Warns of Power Outages With Record Heat in the Weekend Forecast

The Electric Reliability Council of Texas (ERCOT) says power outages may be necessary from Friday afternoon through Saturday night due to demand during record-breaking temperatures expected in Texas this weekend.

According to ERCOT’s operational messages, if the demand depletes reserves then the strain on the power grid may lead to outages; ERCOT will continue to re-evaluate conditions.

NBC 5’s team of weather experts has said temperatures on Friday will warm to near 90 and that they’ll go up from there. On Saturday a high of 94 is expected and on Mother’s Day temperatures are expected to climb to 97. See the latest forecast here.

This isn’t the first time the Texas-based electric company has faced criticism due to power outages. 

The widespread blackouts from the February 2021 winter storm caused millions of Texans to lose power and are blamed for more than 200 deaths, many of which were due to hypothermia. 

ERCOT was also subject to multiple lawsuits alleging that the company was not prepared for the storm or the state-wide blackouts.
 

The company has since taken extra precautions such as being more transparent and weatherizing power plants, officials said.

HERE ARE SOME TIPS TO STAY COOL IN CASE OF AN OUTAGE:

According to Aire Serv, the average home will stay warm for eight to 12 hours after the power goes out. Below are a few methods to stay cool in case your home experiences an outage. 

Drink plenty of water

Keep refrigerators or freezer doors closed, only use when needed 

Purchase battery-powered fans 

Take a cool shower or bath 

Block out the sun by closing all blinds or covering windows 

Close doors in rooms with high heat and place a wet towel under the door to soak up the heat 

Stay downstairs in order to avoid heat moving upwards 

Visit the ERCOT website for more information and updates.

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