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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 Sugareeon Aug 03, 2022 4:06pm
179 Views
Post# 34869286

Come November!

Come November!
November/December will be the sweet spot for O&G stocks! 6 positive catalysts I can think of, anybody have others?
 
SPR release of 1m barrels a day over by end  of October.
Q3 results end of October into beginning of November.
Midterm elections out of the way Nov 8.
Xi Jing Ping re-elected party leader mid-November and can then shift from 100% zero covid policy.
A lot of Europeans will NG-to-oil switching for winter heating.
Euro embargoes of Russian crude oil on Dec 5
 
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