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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 Sugareeon May 13, 2022 12:11pm
64 Views
Post# 34681862

RE:RE:May presentation is out

RE:RE:May presentation is outIndicator, I have noticed how NVA seems to a good job of bouncing off the 50 DMA whenever there are selloffs. Many peers have recently blown through the support. Have you noticed this, or am I reading too much into it?

Indicator wrote:
No worries, it's too late to sell ... the tradable sell was at or near the recent high. General markets appear to be getting closer to a flush and potential move up in the short term.





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