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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

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

Post by Indicatoron Mar 18, 2021 3:22pm
297 Views
Post# 32828214

Keep your powder at the ready!

Keep your powder at the ready!This could be the last juicy buy opp before next leg up!

"Recently, we’ve seen commodity stocks slow down, largely based on their technical overbought status. But we are not selling them yet. We believe that materials and energy have more to go, despite the potential for a minor correction. This expectation was reinforced on renewed inflation expectations coming out of yesterdays Fed comments."

Valuetrend.ca

 

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