Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

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.

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Nuvista Energy Ltd > My simple view

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Post by alertmeippon Jun 07, 2021 11:18pm

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Post# 33345824

My simple view

So the plan is to grow to 80k boe/d in 2023, assumg they trade around 25k boe/d then and have around 400MM debt left.

Equity value should be 1.6B, divided by 226M shares. $7 per share.

Pretty good return for 2 years. Obviously, we will need > $55 oil price.

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