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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 Apr 21, 2022 4:38pm
112 Views
Post# 34621814

RE:Overall Canadian Markets

RE:Overall Canadian MarketsUsually , when you have a supply problem in energy, it is the poor who must suffer it in silence.
People driving expensive wheels do not really care until,it comes to a point where gas lines form or their business suffers (farmers mostly at first. meanwhile Wall street can play games all day long with reckless abandon. But then at some point serious shortages start popping up everywhere, power outages, shortages of diesel or jet fuel.That is when life will get very interesting for us. That day is not very far away and it will be a very long day indeed for us but a very long night for those silly enough to get on the short side of this trade !!
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