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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. 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 May 12, 2020 9:18am
89 Views
Post# 31015916

RE:RE:RE:CEO buys $50k in unsecured notes last week!

RE:RE:RE:CEO buys $50k in unsecured notes last week!Great deduction, agreed!

Glider49er wrote:

The notes don't trade, they were issued in 2018. I'd guess someone who purchased the original issuance wanted some liquidity. Ceo stepped up. I'm sure they have a great yield. Well above the issuance level (as the price has likely fallen dramatically. The CEO believes they can make good on the note so he gets a great yield and notes will move higher in price as they approach par date (whenever that is). 

this is a positive thing not negative.....just my guess



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