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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, 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

Nuvista Energy Ltd > Talked with Johnathan
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Comment by Oldnaggeron Jun 11, 2022 2:43pm
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Post# 34749423

RE:RE:RE:RE:Talked with Johnathan

RE:RE:RE:RE:Talked with JohnathanIrrespective of the effect on share prices , the good news is that cash flow that previously being used to pay down debt is now being used to increase returns on a per share basis. Personally, I believe that the effect on share prices will be positive, since regular buying of shares will certainly make shorts think twice.I will buy shares but not to trade them, rather to hold them !!
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