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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 oilyexecon Mar 25, 2020 10:23am
72 Views
Post# 30845163

RE:RE:head fake?

RE:RE:head fake?or...I'm ahead of the curve and you have your head in the sand. Have you read the Rystad report or Standard Charter's report ot Vitol's report or...anything.

I have a very sizable chunk of cash in many oil and gas companies with a still larger chunk sitting in cash. Yes, I am waiting for the bottom before I make my next move.

I hope that I am wrong and my losses across the board will be reduced but the writing is on the wall. April will be worse and May even badder.

I am only posting reputable info for the benefit of those who are trying to figure out where this market is going. Additional production curtailments in AB and oil sands shutting-in will do what to conde prices? And how will that affect NVA SP? You tell me.
Bullboard Posts