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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 26, 2022 5:43am
186 Views
Post# 34985713

Ice class tankers

Ice class tankersWith more Russian Crude slated to go seabourne for long trips to Asia, there will be a real heavy demand for ice class tankers . These are in tight supply as the trade is normally limited and for much shorter distances. Without these tankers, traders will not be able to insure the cargo s. This could very well lead to a large shortfall in Russian Oil IMHO
Also the costs of shipping by ice class vessel are many times higher !!

https://oilprice.com/Energy/Energy-General/Global-Oil-Flows-Are-Changing-As-Russian-Crude-Moves-East.html
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