Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Sep 08, 2023 9:12pm
92 Views
Post# 35627246

US Army Corps Holds Off Endorsing Energy Transfer’s Dakota A

US Army Corps Holds Off Endorsing Energy Transfer’s Dakota A

HOUSTON (Reuters) — On Friday, the U.S. Army Corps of Engineers released a draft environmental impact statement (EIS) for Energy Transfer's Dakota Access oil pipeline. The statement evaluated five alternatives, including options like abandoning or rerouting the pipeline, but it did not make any recommendations.

A U.S. court last year ordered the federal government to  undertake a more intensive environmental study of the 1,100-mile (1,800-km) long pipeline's route under a lake that straddles the border of North Dakota and South Dakota.

The Army Corps has not selected a preferred alternative among the five and would make its selection only after public and agency comments were received and a final version prepared, the draft report said.

The long-delayed draft EIS suggested alternatives include denying an easement and removing the pipeline through excavation or abandoning the pipeline in place. An easement was previously granted for the pipeline to cross under Lake Oahe, a federally protected reservoir, and the pipeline has continued to operate while the review is being carried out.

Other alternatives considered were granting an easement with the same conditions as the previous easement or with additional conditions. A final alternative weighed the impact of rerouting, which would require current shippers on the pipeline to likely transport oil via trucks or railcars during the permitting and construction process.

Energy Transfer was not immediately available for a comment.

The pipeline, which can transport up to 750,000 barrels of oil per day from North Dakota to Illinois, has been the subject of a lengthy court battle between Native American tribes and pipeline operator Energy Transfer.

The tribes have opposed the pipeline, saying they draw water from the lake for various purposes, including drinking, and consider the waters of the Missouri River to be sacred. Their lawyers have said the tribes are worried about a potential oil spill.

<< Previous
Bullboard Posts
Next >>