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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 Carjackon Jul 05, 2021 3:46pm
69 Views
Post# 33493835

RE:Cashflow

RE:Cashflow

High prices bring m and a no doubt. All the small caps are undervalued and if NVA is going to get taken over I would of expected more action on the m and a. 

On the other hand if I was a large cap why wouldn't I buy up all the small caps to cover lower production rates. 

It's a wait and see I guess.

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