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 Robertboblawon Dec 30, 2020 6:07pm

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Post# 32200138

RE:RE:RE:RE:RE:Curious and curiouser said Alice

Also I'd be outright shocked if they've added to their position in NVA in q4. That would almost certainly put them in equity investment classification range and as you said, now they would have to add their % corresponding ownership on nvas assets and liabilities to their balance sheet. I don't think they want to do that. I could be wrong but I highly doubt it.

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