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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 27, 2021 4:59pm
79 Views
Post# 33282863

RE:RDS, XOM,CVX, SU ETC.

RE:RDS, XOM,CVX, SU ETC.NVA is in the goldilocks position, not big enough to be a member of the stock indexes , therefore free from coercion by these funds. But on the other hand it has adequate lands to continue to grow at a high rate for a long time, without undue competition from the majors (who will henceforth be known as the seven spinsters )
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