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 > good thing

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Post by Aurum1983on Apr 25, 2022 12:26pm

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Post# 34629275

good thing

for oil price to fall back under $100 since we make money and sp still undervalue at these levels...and won't lead to demand destruction. You don't want an unsustainablely high oil price but market is in panic mode and can't think straight.

No Saudi/OPEC oil. No Iran oil. China situation probably can't get any worse. Russia situation probably can't get any better as Putin gave up peace talks. Only thing in the headline is execs selling shares...I don't blame them and won't be suprised to see them buy back in later.

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