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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (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. The Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200 m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500 m. It has non-core operations in three additional areas of Alberta (non-core properties outside the greater Wapiti Montney area).


TSX:NVA - Post by User

Post by Carjackon Dec 15, 2024 6:15pm
79 Views
Post# 36363386

Serbia claims US plans to sanction Russian-backed energy fir

Serbia claims US plans to sanction Russian-backed energy fir

Serbian President Aleksandar Vucic said on Dec. 13 that the United States is planning to impose sanctions in the coming days on the country’s sole gas supplier, citing its Russian ownership.

The Petroleum Industry of Serbia (known by its local acronym NIS), primarily owned by Russia’s Gazprom Neft and its parent company Gazprom, is Serbia’s exclusive gas supplier and controls the main pipelines delivering gas from Russia to Serbian households and industries.

"The British are also joining the sanctions, which then means everyone. This is probably one of the hardest pieces of news," Vucic said during an interview on a government-linked private television station, according to AFP

Neither the United States nor the United Kingdom has commented on the reported sanctions. Serbia, an EU candidate country, has maintained close ties with Moscow and refused to impose sanctions against Russia since the invasion of Ukraine.

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