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.

TSX:NVA - Post by User

Nuvista Energy Ltd > Weather

<< Previous

Bullboard Posts

Next >>

Post by llerrad5on Jan 31, 2023 7:13pm

179 Views

Post# 35258227

Weather

La Nina has not gone away yet but is slowly warming.
It will transition to La Nada and will last into teh fall.

An early spring is expected beginning around Feb.15

FWIW - I exited most of my Nat Gas stock awhile ago

I have recently taken 1/2 a position in UNG.
I don't see the sasme leverage in N Gas stocks as I did in 2021.
Must have spoiled me.

UNG is like getting futures in Nat GAs.
Volume is picking up a lot on the futres market which could be a sign teh smart $$ are moving in now

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale