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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 Carjackon Apr 24, 2024 12:23pm
25 Views
Post# 36005283

Tanker Departs Freeport LNG in Texas After 12-Day Hiatus

Tanker Departs Freeport LNG in Texas After 12-Day Hiatus

(Reuters) — The first tanker in 12 days set sail from Freeport LNG's Texas export terminal on Tuesday, signaling the resumption of gas processing after an outage this month.

Freeport LNG, one of the largest U.S. liquefied natural gas export facilities, has suffered several outages this year with all processing units recently out of service, pressuring U.S. natural gas prices and adding to prices in Europe.

Tanker BW Pavilion Leeara was partially loaded when it left Freeport LNG's dock late Tuesday, vessel tracking data from financial firm LSEG showed. It was the first vessel to depart the Quintana, Texas, plant since April 11.

Pipeline gas flows were on track to reach .8 billion cubic feet (Bcf), up from .1 Bcf last Friday. Normal flow to the plant is about 2.2 billion to 2.4 billion cubic feet per day.

A Freeport LNG spokesperson declined to comment.

 
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