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.

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Nuvista Energy Ltd > Citi bank shorting again

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Comment by Oldnaggeron Jul 06, 2022 11:09pm

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Post# 34807277

RE:Citi bank shorting again

Bravo for Kelt. these are the same guys who sold a large part of the company at bargain rates in order to pay down debt back in early 2020. They surely must see that things are different this time !!
Like NVA they have a lot of growth ahead of them, very low debt and have a lot of flexibility between gas and liquids production.
NVA has the advantage on facilities at the moment. Both are worth watching closely !!

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