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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

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

Comment by fleeeeon Dec 11, 2020 8:23pm
99 Views
Post# 32091742

RE:RE:RE:RE:RE:RE:RE:RE:RE:Hold and don't sell

RE:RE:RE:RE:RE:RE:RE:RE:RE:Hold and don't sellI agree, we wait and see if they pay down at least $25m to $30m in Q4 as they stated on Nov 10. On a good note, they said they would pay down $55m to $60m in H2, and managed to pay down $34m in Q3!

Robertboblaw wrote: Excluding aro and financial derivative liabilities (But including lease liabilities as I would think those are cash liabilities) their net debt is ~$750 million at September 30th. I find it a bit concerning someone has to calculate this themselves and even under the heading "net debt" on their financial statements, they don't bother to just give the straight up number to people. Nothing shady about that. I'm not gonna venture into them paying down any debt by q4 until I see it actually in the q4 statements themselves. Their presentation notwithstanding can say whatever, let's see them prove that then we'll talk lol.


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