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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
Post by uwinsomeon Nov 05, 2013 9:25am
139 Views
Post# 21876839

Accumulate While Nat Gas Prices are Low

Accumulate While Nat Gas Prices are LowNVA is a great company with a huge future. Dry Nat Gas prices have been falling and taking NVA's share price with it. Remember that most of the new production gains are in Liquids, the cash flow is rising and much of the production is hedged.

We have seen that the floor on Nat Gas prices self corrects the supply. If prices get too low again, production will slow down.

IMO Nuvista it's time to add to your NVA postion or start a new one if you're not in it.
Bullboard Posts