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 > Curious and curiouser said Alice

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Comment by MyHoneyPoton Dec 30, 2020 9:44am

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Post# 32196237

RE:RE:Curious and curiouser said Alice

Look at the path that POU's share price is taking and follow it, it is trading at 5.23 times the value of NVA, so a 5 for 1 share swap would yeild a premium of NVA shareholders.

But while NVA is trading at a 3.8 time debt to cash flow, i don't think anyone would touch it right now. That is why they HALTED all spending.

NVA shareholders can have confidence that their shares are in good hands, and since POU is basically a 20% shareholder in the company should give them a board seat.

IMHO

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