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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

Post by Indicatoron Dec 02, 2021 9:57am
157 Views
Post# 34189506

No guarantees we're on firm ground yet

No guarantees we're on firm ground yet
Pretty good hammer candle on WTI today, but I'd like to see one more wooosh low and some glimmer of vaccine strength before a strong Santa Claus rally :-)

Relying on Opec+ decisions is not very good odds for anyone placing bets this stage.

Technically there is some support under $6.00, but we'll see ...
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