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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.


TSX:NVA - Post by User

Nuvista Energy Ltd > Oversold ...
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Comment by Sugareeon Jan 25, 2024 6:48pm
21 Views
Post# 35846128

RE:RE:RE:Oversold ...

RE:RE:RE:Oversold ...Indicator, what are your thoughts on rccent moves in oil and equities, breakout or false flag?

Indicator wrote: Start of what looks like a basing pattern.  Short term swing range of $10.50 to $11:30 +/-

I am holding a small postion in lower end of range and will add on any breakout.

Lots of moving parts in this market but a bet on further unrest in Mid East seems a reasonable gambling bet for now.

Happy New Year!


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