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

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Post by Sugareeon Aug 05, 2022 4:09pm

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Post# 34875161

Interesting Numbers & Catalysts

Just wait until summer is over and the big boys get back to their desks from the Hamptons and Muskoka.

When WTI hits $120 again after midterms, guess where Nuvista will be then??

Tuesday, July 19 NVA $9.88, WTI $104.06.

Friday, Aug 5 NVA $10.49 WTI $88.44

NVA up +6.2%

WTI down -15.0%

Nov/Dec sweet spot for O&G. 7 catalysts:

1 Hurricane season

2 SPR release of 1m/day barrels over

3 O&G Q3 results

4 Midterms done Nov 8

5 Xi Jing Ping re-elected party leader, shift from 100% zero covid policy

6 European NG-to-oil switching for winter heating

7 European embargoes on Dec 5

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