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Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

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

Nuvista Energy Ltd

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Post by ztransforms173on Apr 24, 2024 12:23pm

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Post# 36005284

NVA Pulsed-Methane Pyrolysis (PMP) Technology PROJECT

GRANDE PRAIRIE REGIONAL ENERGY COMPLEX DEVELOPMENT THROUGH CLEAN HYDROGEN DEPLOYMENT IN GAS TURBINES AND FUEL CELL ELECTRIC VEHICLES

NuVista Energy

PROJECT TYPE

Demonstration

PROJECT VALUE

$40,000,000

PROJECT STATUS

Contribution Agreement

LOCATION

Grande Prairie, AB

FUNDING AMOUNT

$7,000,000

The project uses Ekona’s novel methane pyrolysis technology which produces low carbon intensity hydrogen from methane. It will be used in on-site gas plant operations including power generation. A reduction of 4,600 tonnes per year of GHG can be realized using existing gas plant infrastructure plus methane pyrolysis to generate up to 2 t/d of hydrogen. The location provides excellent potential to scale up over time.

https://www.eralberta.ca/projects/details/grande-prairie-regional-energy-complex-development-through-clean-hydrogen-deployment-in-gas-turbines-and-fuel-cell-electric-vehicles/

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z173