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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 RollinInDoughon Sep 19, 2019 6:14pm
120 Views
Post# 30145438

RE:TAKE OUT CANDIDATE

RE:TAKE OUT CANDIDATEwould YOU sell an asset you owned at historical low valuation?  I think not. 

problem in the sector is a huge disparity between what the seller wants and what the buyer offers...  so many distressed assets held by so many distressed juniors now... and all the expiring land leases... it is a buyers market and maybe you wait for some bankruptcies to buy those assets... those would be smaller tuck in deals...

a bigger deal, like for NVA?  not in the cards...
Bullboard Posts