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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 Carjackon Nov 15, 2023 10:19pm
76 Views
Post# 35738286

RE:Saudis likely to extend cuts

RE:Saudis likely to extend cutsI watched an apec interview with a US official on bnn live today. He commented on the US slowing down Iran exports and keeping it to a million barrels a day. With Venezuela pumping and new investment now rolling in the plan for sleepy Joe is $3 or less gas going into elections. Problem is Saudi is aligning themselves with Russia and others. Saudi will not and cannot allow oil to be $70 dollars a barrel. This fake rebuy on the spr pissed off the Saudis after coming to an agreement with the US. The Saudi government is clearly pursuing other intetest that do not involve the US. This can only end badly for the US and oil cuts in my opinion will be extended into the new year. We should get confirmation of this at the next opec meeting.
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