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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 Investnowpleaseon May 27, 2021 12:09pm
64 Views
Post# 33275916

RE:Oil and gas under pressure

RE:Oil and gas under pressure

No ignoring and not unliking green. Simple fact world needs energy. That growth in energy cannot be supplied by green supplies. The focus on oil and gas included both upstream and downstream. 

its the only industry that it happens in. Totally biased. Take a look at wind and solar for just an example. If they had to answer upstream and downstream they would not survive. That on top of the subsides that they need to have to survive. Its just insane. 


take a look at Hydro. They dont have to justify there full stream emissions. Cement is takes an incredible amount of energy to create. Ie the new cement plant approved in Quebec last year without any issues from activists. 

btw take a look at nevada and california water source levels and subsequent energy they create.  There will be blackouts across Nevada, arizona,  and california this summer that will be records setting. Watch their reactions to no electricity for the air conditioners this summer. Gas gired generation will be fired up to max production

You actually think china, india and the rest of the third world cares about emissions. They care about economies. They also are the ones that dont cut emissions. With that said Canada is a spit in the bucket in the world emissions .5% at max i believe. We are improving and need too. However if you where to supply china for example with NGLs at a cost that competes with coal, that makes real and significant change.  Lets not get even into the fact that CO2 and SO2 emissions from a large erupting volcano in 1 day equates to the entire global emmisions that are man made.  Just 1 volcano.  Lets also look at the mining of rare earth metals required for electricity energy. 


all im saying is there is no easy answer and its a very complex issue. That will not be solved in the short term.  Lets just become aware and not get blinded by false information and quite literally propaganda and righteous interest groups. 
 

 

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