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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

Comment by allin100on Nov 12, 2022 2:44am
197 Views
Post# 35093287

RE:When Pipestones Plant is Full (Reposted)

RE:When Pipestones Plant is Full (Reposted)
Full year avg and revised up 2022 forecast 68,000-69,000 boed. Exiting 2022 @ 73,000boed

2023 Forecast full year is 79-83,000 boed which means 23Q4 should be 88,000 boed +/- based on smiliar % increases yoy.

For the first time I see they have started mentioning 100,000 boed production in 24' and beyond.  

Release says they flip the debt repayment by end of 22 from 75% FFF to 25% with 75% going to shareholders.  This is where the rocket ships come in!
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