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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 Dec 11, 2023 3:57pm
96 Views
Post# 35778599

Don’t fear the headlines

Don’t fear the headlines

Weather tracker: temperatures hit 43.5C in Australia as 2023 on track to be hottest year

 

Parts of south-east Australia have been experiencing extreme heat over recent days. Temperatures hit 43.5C at Sydney airport on Saturday. This was the highest temperature recorded at this station since records began in 1929, and is about 15C above the December average. Authorities have issued several bushfire warnings and banned fires across many parts of New South Wales.

Temperatures will ease early this week across south and south-east Australia, but will intensify across northern, western and central parts as the week progresses. Here, temperatures could rise widely into the 40Cs by the weekend.

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The record temperatures come as the Cop28 summit enters its final phase in the United Arab Emirates, and after the EU’s Copernicus Climate Change Service announced that 2023 was on course to be the hottest in recorded history. In fact, according to climate scientists, this year could be the warmest in more than 100,000 years, based on historical data collected from ice cores and tree rings.

The announcement followed what was the hottest November ever recorded globally. The month also contained two days that were 2C warmer than pre-industrial temperatures. The global average temperature in 2023 stands at 1.46C, close to the crucial 1.5C global warming threshold considered critical to avoid causing the most dangerous and irreversible impacts from climate change. The 2015 Paris agreement commits countries to limiting temperature rises to “well below” 2C.

Finally, severe storms and tornadoes caused extensive damage and a number of fatalities across parts of the southern US state of Tennessee on Saturday. At least six people have been reported dead in Montgomery County and Nashville. The National Weather Service issued multiple tornado warnings ahead of the storms. More than 80,000 people were left without power, with damage to homes in the city of Clarksville. Power lines, houses and many trees were also damaged in the town of Dresden. It is normally too cold and dry across this part of the US for severe storms during the month of December.


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