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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 Indicatoron Nov 22, 2023 8:19pm
123 Views
Post# 35749429

RE:Buy buy buy

RE:Buy buy buyNVA might bounce off 200 MA, but no signs of a sustainable reversal just yet.   I'd far prefer to see a solid washout in low $11's then a few days of consolidation opportunity.

If the OIL commodity stars align ... buy in January for long hold position . . . 

The Seasonality Effect on Oil Prices and Canadian Crude Differentials

https://www.oilsandsmagazine.com/market-insights/seasonality-impacts-on-oil-prices-and-canadian-crude-differentials



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