Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (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. The Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200 m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500 m. It has non-core operations in three additional areas of Alberta (non-core properties outside the greater Wapiti Montney area).

TSX:NVA - Post by User

Nuvista Energy Ltd > Stop Loss Hunting

<< Previous

Bullboard Posts

Next >>

Comment by masfortunaon Jan 20, 2022 12:24am

78 Views

Post# 34336083

RE:RE:RE:RE:RE:RE:RE:RE:Stop Loss Hunting

From what I can see, many are expecting oil to go red. This in turn has led to many exiting their positions although oil is green and has been all week. 3 days of green and we are actually down from Friday's close. What will happen is that oil may in fact go red and drop 3-5% but that would actually just take us back to Friday's WTI pricing ($81) if that with a lower sp for NVA. Crazy times.

<< Previous

Bullboard Posts

Next >>

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal