Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

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

Nuvista Energy Ltd > Sell? I’m not selling!

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Comment by Oldnaggeron May 22, 2021 11:27pm

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Post# 33254877

RE:RE:Sell? I’m not selling!

Great, I agree, that would definetly remove any take over risk for quite a while, seeing that the Riddell family would still own a big chunk. No one understands the value of NVA better than the Riddells, otherwise why would they be so interested !!
NVA will be able to survive and thrive on its own. It has become a cash generating machine and increasingly, time will prove that fact.

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