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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

Comment by Oldnaggeron Mar 30, 2021 2:31am
153 Views
Post# 32904171

RE:TA - Sugaree

RE:TA - SugareeFortunately for me, I don't have a clue about technicals. which is just as well . Even though I have had to ride over every bump on the road, NVA has risen from $0.45 to $2.30 over the past 12 months . I wonder if Mr. Nuttall and his followers can match that !!
I am here till at least $ 10.00 The reason is that this is a fundamentally valuable company. Also it is now reasonably safe against any further serious turmoil in the market which IMHO is very unlikely.
The green agenda has become a sad joke given the need of governments every where to pay back accumulated debt . 
If a full year of decreased energy consumption has not had an effect on global warming , then  10  trillion dollars worth of renewables won't do anything either
Soon enough the world will be able to start living again. My wish is that NVA will get over $3.00 and stay there so I can borrow against it and participate without  having to sell any  stock.
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