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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 Oldnaggeron Jan 16, 2021 8:42am
262 Views
Post# 32312876

RE:Way too much debt, hence the 4% drop.

RE:Way too much debt, hence the 4% drop.C'mon , The only error Nuttall made was not to put Nuvista near the very top of his list.  Probably a ten bagger given their land position in the Pipestone area which currently has an IRR of over 125%  and a payout of less than 1 year. In the extreme they could easily sell off a small portion of their holdings  to pay down debt which they wont have to do before 2023.
Please read the Presentation everyone. 
I just finished a long round with Myhoneypot and my fingers are getting worn to the bone.
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