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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

Post by Oldnaggeron Feb 26, 2021 5:22am
253 Views
Post# 32668626

Open net !!

Open net !!Further to earlier posts I made concerning skating to where the puck is going, NVA now has the puck and is looking at an open net in front. The Pipestone assets (especially the ultra rich section ) are loaded with condensate. These wells will be extremely profitable at current prices and will have returns far above 150% and payouts way less than a year. POU has always known this and this is why they invested in NVA.. 
Today at resumption of trading, I am buying a season ticket . The greatest show on earth !!
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