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Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

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 llerrad5on Nov 28, 2023 12:11pm
136 Views
Post# 35756495

Nat Gas Winter 23/24

Nat Gas Winter 23/24
This analyst has a good record and does adise hedge funds

The El Nino Modoki continues to develop and once triggered somewhere between mid December and the first half of January of 2024 will inflict renewed Brazil drought concerns for central west Brazil (Mato Grosso) and for a cold and snowy eastern half of North America by late December.
 
While we do not comment on crude oil in this report, we do offer our Smart Money Algorithm in today's report which has been showing some aggressive buying in recent weeks that may offer bullish short term potential. Same for Natural Gas as the recent spectacular crash is the ideal give up trade ahead of winters arrival.




 
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