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 uwinsomeon Jan 30, 2014 10:02am

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Post# 22152497

CIBC raises NVA to sector outperform & target to $10.50

Nuvista Energy Ltd : CIBC raises to sector outperformer from sector performer and raises target price to C$10.50 from C$9.50 citing an improved outlook, a possibility of the company's internally funding growth in the year ahead and an increase in economies from its wells

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