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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 Oldnaggeron May 22, 2021 5:17pm
133 Views
Post# 33254512

RE:RE:RE:Nuttal on NuVists

RE:RE:RE:Nuttal on NuVistsThe 2023 notes , worth $220 million are redeemable by the note-holders at 101% of face value ,in the event of a change of control. This has always been a significant hurdle to POU (or others).
The increasing share price is increasing the hurdle. Thank goodness, NVA is still valued way above cuurent Share prices .
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