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 Apr 21, 2020 4:16pm

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Post# 30935932

RE:RE:RE:RE:RE:RE:RE:RE:BIR VS NVA

Wow, 76% vs 67% NG production, and NVA is valued so much lower than BIR ATM! Like I mentioned in an earlier post, both had same market cap Jan 6, now NVA is less than 40% valuation of BIR. Yes, BIR has greater NG reserves, but still seems too large a discrepancy to last long.