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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

Comment by Oldnaggeron Feb 13, 2022 4:29pm
57 Views
Post# 34424797

RE:April 15th 2022

RE:April 15th 2022Just a short technical note for some readers. In Canada paricularly , we have various seasonal grades of gasoline . Varying from winter gasoline with a Ried Vapour Pressure of 14.5 (I believe) through mid seaon grades and finally summer grades which have a RVP of 9.0 to 10.0
The difference in RVP's is caused mostly by varying amounts of butane in the gasoline; 
Although we buy fuel by volume, the energy content is more relatable by weight. In winter gasolines contain more light components such as butane and give less mileage ,in summer it is the opposite. Excluding the taxes , you more or less get what you pay for.
As a side note, Gas in the Southern US states are usually not only  heavier but also must cheaper than Canadian gas. We are already being screwed red by the  Liberals and J.T. wants to make it worse for us. Throw the Gerard Buttshead out before he does us all in !!
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