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.

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Nuvista Energy Ltd > Held back

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Comment by Oldnaggeron May 18, 2022 4:59pm

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Post# 34693700

RE:RE:RE:RE:RE:RE:Held back

Hey guys, look at pages 40 and 41 at the bottom of a recently revised Canadian Industry metrics published by Arc Financial . For 2022 Capex is estimated at 42,2 Billion $ Cash flow is estimated at 146.8 billion. With debt mostly paid down, the industry is going to be spewing out cash at Volcanic rates. Quit worrying and enjoy yourselves !!

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