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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 masfortunaon May 06, 2022 12:30pm
106 Views
Post# 34662503

RE:RE:RE:hedges

RE:RE:RE:hedgesIn what way? 63% of oil not hedged. and 53% of Natural gas. The sections that are hedged for gas at $3.43 appears low compared to today's price of gas. The avg price of nat gas in q1, however is not near today's price. It will become a problem if they repeat this in 2023...
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