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 kingshaneon Aug 10, 2020 2:01pm

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Post# 31388497

RE:No one will buyout Nuvista, too much debt

Debt is nothing compared to what they have in the ground. The right compnay could tap into their assests and it would pay for itself in a few years. iI they had more cash to use they could do the same. Eventually will though once prices increase if not gone by then. They have proven up what they had payed for so no risk in that.

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