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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 LittleYerryon Jul 20, 2022 6:38pm
131 Views
Post# 34838713

Dead cat bounce

Dead cat bounceTo me, it looks like the Dow, oil, and even our baby NVA is nearing the top of a "dead cat bounce". I may be a bit biased because I temporarily sold the last week or two but think that is what's happening. I can't wait to eventually go long NVA again in the coming months but Inicator and Alveraz seem to have been right about this in the medium term. GL
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