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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 Jun 21, 2021 4:36pm
89 Views
Post# 33421966

RE:RE:$ 4.00

RE:RE:$ 4.00Open a margin acct and buy more !! The conjunction of western governments and major petroleum companies abandoning the industry at a time of rebounding demand is too tasty to miss!! Especially for a severely undervalued junior producer that is sitting on extensive exquisite assets. There must be a list of suitors a mile long !!
BTW while writing this a news flash just stated that China has bought a 49 % stake in Aramco.
Sooner rather than later the Asians will be returning to our doors, and they are getting increasingly desparate !!
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