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).

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Nuvista Energy Ltd

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Comment by fleeeeon Apr 27, 2020 3:03pm

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Post# 30958894

RE:RE:RE:CEO NVA on BNN April 24. Really good to see!

Exactly, he is a very matter of fact, straight up guy. He acknowledges these are challenging times, he said they have cut Capital spending from beginning of April to end of year by 75%. Fortunately, they got some good wells already in place in first quarter.

good to see some of the toughest hit like Italy, Spain and France starting to relax restrictions. Gonna be a slow road, but I believe the worst is over.

steel9696 wrote: Normally I would just throw away the survive and thrive comment as promotion,but it seemed in the interview he was just trying to give straight facts about the industry and his company.

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