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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 Carjackon Sep 27, 2023 5:57pm
91 Views
Post# 35658089

Enbridge Launches New Gas Capacity Open Season for C1 Transp

Enbridge Launches New Gas Capacity Open Season for C1 Transp

(P&GJ) — Enbridge Gas is hosting a new capacity open season for C1 firm transportation service, providing up to 317,000 GJ/d starting on Nov. 1, 2026, for a minimum five-year term along the Dawn (Facilities) to Dawn (Vector) transportation path.

In June, the company launched an open season for additional natural gas capacity along Canada's Dawn-to-Parkway and Kirkwall-to-Parkway transportation paths. An open season gives oil and gas producers the chance to bid for long-term contracts, giving them priority access to pipelines.

RELATED: Pipeline Operator Enbridge Bets Big on US Gas with $14 Billion Bid for Dominion Utilities

The Enbridge Gas Dawn Parkway System is one of the most robust pipeline systems in North America and provides for the movement of natural gas from Enbridge Gas's Dawn Hub located near Sarnia, Ontario, to the Greater Toronto Area, where it interconnects with other downstream pipelines serving eastern Canadian and northeast U.S. markets. Dawn and the compressor stations along the Dawn-Parkway corridor have loss of critical unit reserve horsepower coverage, providing firm service reliability.

The Dawn Hub is one of North America's largest integrated natural gas storage facilities. Strategically located in southwestern Ontario and with 288 Bcf of working storage capacity, it offers customers, such as power generators, distribution and pipeline companies and energy marketers, an important link in the movement of natural gas from key supply basins to markets in central Canada and the northeast U.S.

The Dawn Hub also provides shippers with direct access to North America's major supply basins, including Appalachia and the Western Canadian sedimentary basin. With multiple supply routes from western Canada, the mid-continent, Appalachia, and the Rockies, as well as the ability to serve markets in the mid-west, eastern Canada, and the U.S. Northeast, the Enbridge Gas Dawn Hub is a reliable, secure, and liquid natural gas trading hub.

All bids are due on or before 2 p.m. ET/ 1 p.m. CT, on Nov. 13, 2023. Enbridge Gas expects to award capacity on or before 4 p.m. ET/ 3 p.m. CT on Nov. 20, 2023.

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