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 > US oil production

<< Previous

Bullboard Posts

Next >>

Comment by Indicatoron Feb 10, 2022 3:44pm

68 Views

Post# 34417944

RE:US oil production

This view refutes part of Nuttal's frequently repeated thesis, namely that US shale is no longer a factor and we are in an oil super cycle.

I remember the last OIL run we had some who were touting "it's different this time" .. "OIL had reached peak production". End result was they discovered fracking and OIL price came tumbling down.

moral of story ... take uber bulls with grain of salt.

<< Previous

Bullboard Posts

Next >>

NervGen Pharma: Proof that NVG-291 works?