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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 Jan 10, 2022 6:54pm
178 Views
Post# 34301778

30% annual production growth!

30% annual production growth!

2022 Guidance Reaffirmed

NuVista is pleased to reaffirm all of our previously disclosed 2022 guidance. Our expectation for annual production is 65,000 to 68,000 Boe/d, which represents approximately 30% annual production growth.

I don't think these numbers are baking into the share price yet. 


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