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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 Sep 24, 2022 11:26pm
422 Views
Post# 34984742

September presentation

September presentationwell worth reading. Even at lower crude and nat gas prices, NVA is a once in a lifetime opportunity !!
Where else do stable growth  companies get a full payback on their capex in far under 12 months ??
There are other similar companies, yet NVA still has existing infrastructure to support another 50 % growth . Also NVA is getting unhedged which will be a good position to be in this coming winter
Biden is deliberately manipulating markets for his own political goals. That will stop by November at the latest. BUT I will buy now as major producers are surely not amused !!
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