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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

Bullboard Posts
Comment by CONSTRUCTIVE_SUBVERSIONon Jun 17, 2013 6:18pm
219 Views
Post# 21534432

RE: Interview with Craig Porter

RE: Interview with Craig Porter

The key for all of this to me would be the LNG facilities, and when they might be completed, as they will act as quasi additional North American demand. The rest of the world needs NAT gaa, and they pay significantly more than do NA consumers.. Im not sure on the next few years, but I believe there are some large LNG facilities in the southern US that might be reasonably close to being ready. In Canada, I am not sure on the time frame that significant capacity for Canadian export might be available. In the meantime there is more than ample NA demand for diluent, from the many pipelines moving crude. 

Bullboard Posts