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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

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

Post by Carjackon Jan 21, 2022 4:25pm
100 Views
Post# 34344686

Canada's Omicron wave may have peaked; hospitals still under

Canada's Omicron wave may have peaked; hospitals still under

OTTAWA (Reuters) -Canada is seeing early signs that a wave of infections caused by the Omicron variant of COVID-19 may have peaked, but hospitals are still under intense strain, chief public health officer Theresa Tam said on Friday.

Tam made her remarks days after the provinces of Ontario and Quebec - which together account for around 61% of Canada’s population of 38.5 million - said they were more optimistic about their ability to deal with coronavirus infections.

“There are early indications that infections may have peaked at the national level,” Tam said, noting daily case counts had dropped 28% compared to the previous week.

“However, daily hospital and intensive care unit numbers are still rising steeply, and many hospitals across Canada are under intense strain,” she said in a news briefing.

Over the past week, an average of more than 10,000 people with COVID-19 were being treated in hospitals every day, surpassing peak daily numbers for all previous waves, she said.

Although politicians at all levels have repeatedly urged Canadians to get inoculated against the virus, Tam said 6.5 million people in the country were still not fully vaccinated.

 

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