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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 MyHoneyPoton Feb 10, 2021 2:58pm
122 Views
Post# 32527967

RE:RE:One Big Happy Faimly

RE:RE:One Big Happy Faimly
POU and NVA together would move them into the large cap space, and be very good for the share holders.

VII generations has 2.2 billion in debt with 1.1 billion available with 180,000 boe a year produciton objective. 

POU + NVA would be 140,000 boe a day.

700 million pou + 600 million NVA = 1.3 billion debt on 140,000 boe a year. (After Merger) 

New bank line in the  140/180 * 3.3 billion = 2.56 billion

The merger adds liquidity and together they have near term production objective to get to 200,000 boe. 

IMHO
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