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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

Post by Oldnaggeron Jul 21, 2022 4:08pm
121 Views
Post# 34841507

Vanishing Species

Vanishing Species

As second quarter earnings season ramps up , many of the major producers are expected to ramp up their share buy back programs. Since major holders do not usually participate in the NCIB s. This will have the effect of weeding out the retail ranks. These ranks are already low ever since the onslaught of ETF s, options trading and the dearth of IPO s for the better part of a decade (ever since the Energy trusts were shut down under Flaherty )
In light of all the above, and to commemorate the destruction of retail capitalism, I would highly recommend that the govenment create a new commemorative stamp in order to enshrine the loss for all future generations to see .

Only one small problem , how do you create a virtual stamp !!

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