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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 Carjackon Mar 16, 2022 9:56am
65 Views
Post# 34517983

China recap

China recapChina is still in a real estate meltdown. China is trying to make a deal with Saudi to buy and pay for oil in local currency not USD to strengthen their currency to service debt. China meeting with the US was to warn China they will face sanctions if they help Russia so are remaining neutral for now. China revalues there currency daily and has been labelled currency manipulators by the US for this. China is buying up its own equities to avoid a 2008 worldwide meltdown. China needs green markets as much as everybody else does coming out of covid. Markets are stabilizing for now and looking more bullish than bearish. 
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