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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 Sep 14, 2024 11:24pm
120 Views
Post# 36224201

Conditions favourable for La Niña to develop through this wi

Conditions favourable for La Niña to develop through this wi

 

All indications point toward a weak La Nia developing across the Pacific Ocean in the months ahead, forecasters announced in their latest update this week.

La Nia occurs when water temperatures in the eastern Pacific Ocean around the equator come in at least 0.5°C colder than normal for about seven consecutive months.

These temperature anomalies are enough to trigger a ripple effect in the atmosphere that affects weather patterns from Australia to Canada.

Check out The Weather Network’s hub page for all the latest on El Nio, La Nia, and what it means for your seasons ahead!

“La Nia is favored to emerge in September-November (71% chance) and is expected to persist through January-March 2025,” the U.S. Climate Prediction Center (CPC) said in its monthly outlook issued on September 12. The agency added that the event is likely to be a weak La Nia, one that has a less pronounced effect on global weather patterns.

La Nia affects hurricanes, winter weather

The greatest impact La Nia can have on our weather during the late summer and fall months involves hurricane season over in the Atlantic Ocean.

Colder waters in the Pacific turn down the wind shear that flows east over the Atlantic, removing a key obstacle that can stifle a budding hurricane before it has a chance to develop.

DON’T MISS: What happens when El Nio and La Nia disappear?

While this hurricane season has been unexpectedly slow—with one glaring exception—we have more than half the season left to trudge through, and it only takes one storm breaking through to pose a grave danger to folks living along the coast.

What about La Nia’s potential effects on conditions this winter?

“Winter is going to attempt to salvage its reputation,” The Weather Network’s Dr. Doug Gillham said this week on what to expect from this upcoming winter.

Western Canada could see a true winter this year, Gillham said, while it’s uncertain how much the season’s classic cold and snow will fight to assert dominance over the eastern half of the country.

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