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

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Post by Kavoli123on May 12, 2020 11:22pm

190 Views

Post# 31020366

FEDS $$$ for O&G

NVA stated that it expects to have sufficient liquidity following its credit redetermination, though we
do see the potential for significant cash flow deterioration if low oil prices (i.e. sub US$45/bbl WTI)
persist into 2021.

https://www.investorvillage.com/groups.asp?mb=19168&mn=273434&pt=msg&mid=20684815

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