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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
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Post by Steelironmanon May 09, 2013 6:18pm
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Post# 21366279

Q1 results

Q1 results

 

Q1 results were not great but shouldn't have made stock price drop by $0.80 & then recover to lose $0.50.

Debt has been reduced by $250M over 1st Q last year.

Outlook for 2013 is good and book value is around $6.50 and net asset value is around $10.50.



Bullboard Posts
Dealroom for high-potential pre-IPO opportunities