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 > hedges

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Comment by Aurum1983on May 06, 2022 12:17pm

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Post# 34662471

RE:RE:hedges

Thanks...

"We currently possess hedges which, in aggregate, cover 37% of projected 2022 liquids production (primarily front of year loaded) at an average WTI floor price of C$76.76/Bbl. We have hedged 46% of projected 2022 gas production (primarily summer season loaded) at an average floor price of C$3.43/Mcf."

Is this going to be a problem for us?

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