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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 Gassy166on Feb 21, 2021 11:41am
151 Views
Post# 32621510

RE:Industry Advocacy Presentation

RE:Industry Advocacy PresentationOldnagger these are all facts we've known for a long time, what we as investors and O&G producers need to learn is we are never going to convince the next generation that oil is good nor should we be wasting any more energy trying. We need to manage our industry in a way that makes it so attractive to investors it can't be ignored, this will only happen with tight markets and returns to shareholders. Those things may be happening now with Saudi Aramco going public, the super majors reducing investment, oil investment dynamics changing in the U.S. and major underinvestment throughout Canada. If people have no problem paying $1500 for a phone they don't need plus monthly fees what's the issue if North American energy prices double or triple? All we can do is place our bets accordingly and let it play out ! Cheers 
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