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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 Gassy166on Oct 12, 2021 11:42am
129 Views
Post# 33997377

RE:RE:RE:RE:RE:Drunken sailors at the party?

RE:RE:RE:RE:RE:Drunken sailors at the party?Actually I think O&G producers have learned from cigarette companies...they learned to survive and thrive in a negative environment by looking after shareholders with ROI. There're will be no competition in the industry as the bank's won't finance startups and industry knows if they keep prices down it just incourages government to increase taxes. So after 10 years of pain I think odds are we can enjoy a sustained uptrend...of course not without a few bumps.
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