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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 May 09, 2021 12:24am
153 Views
Post# 33161220

RE:RE:RE:Rig count

RE:RE:RE:Rig countA short story from my past, I was the Canadian member of a small group of traders with 1 man offices around the world. The plan was that each trader would get to know his market very well then we would send out telexes at the end of the day so that we could piece out the full picture. 
It didn't take too long to realize that all we were doing was to spread the BS that was emanating from each market. So we hired a shipbroker to clue us in. Turned out that each vessel had so many options that info was useless also. Next we tried the inspectors. waste of time. Needless to say government sources and the media were way too slow. Finally ,it hit us , the ship chandlers always new what was coming into port and what was leaving. The only trouble was, it was no use plying them with food or drink as they had plenty which was of course tax free. So we tried golf games but none of them had the time. So I made a few good deals but moved on as things were much too slow for my liking.
Imagine my surprise a year ago, when I discovered that the company I once worked for landed the lowest WTI price ever !! I had trained the bosses nephews who now run the company. I am still waiting for the 2 spoiled little buggers to reply to my congratulatory Email. perhaps they are waiting for a Telegram from me !!
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