Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (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. The Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200 m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500 m. It has non-core operations in three additional areas of Alberta (non-core properties outside the greater Wapiti Montney area).

TSX:NVA - Post by User

Nuvista Energy Ltd

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Comment by fleeeeon Jul 02, 2019 2:42pm

80 Views

Post# 29880628

RE:RE:RollinInDough NVA going Forward from here?

Rolling, thanks for the insight. i got in a few weeks ago here in the $2.50's. What i really can't figure out is what has caused NVA, and the whole sector to crater from basically April 23 straight down. i understand Trump/China trade war, oil and NG have dropped, but fundamentally, things can't be that different from when it wasd $5 barely 2 months ago? Even $3.50 was around its' December low when every stock in the markets bottomed. This has to be way oversold down here, no?

Assuming no major trade war, and global ecomony keeps on keeping on, any thoughts on where NVA could be in January?

Much appreciated.

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