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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

Energy Oil & Gas E&P
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

Nuvista Energy Ltd
Bullboard Posts
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(8)
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Comment by LNGStrongon May 07, 2020 12:23pm
93 Views
Post# 30998349

RE:RE:RE:RE:TD Report

RE:RE:RE:RE:TD Reportpending yes - but the whole point of the EDC portion at least of 100MM is to backstop lost liquidity in measures exactly like what could be a reduction in the credit amount based on reduced reserve evaluation impairments.  NVA is in good standing now and prior to Covid, this is a no brainer.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities