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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 Oldnaggeron Jan 13, 2024 10:22pm
101 Views
Post# 35825598

RE:Future dividend?

RE:Future dividend?

Nuvista never talks about it , yet they have 152,000 non core acres of dry nat gas properties spread out over 3 locations. With the right pricing , perhaps company production could go as high as 200 kbpd on a sustainable basis. 
I am sure that NVA 's management are aware of all the both hidden and not hidden value and thus they will have a propensity for buy backs for a very long time IMO !!

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