Nuvista Energy Ltd T.NVA

30% annual production growth!

[Indicator]

2022 Guidance Reaffirmed

NuVista is pleased to reaffirm all of our previously disclosed 2022 guidance. Our expectation for annual production is 65,000 to 68,000 Boe/d, which represents approximately 30% annual production growth.

I don't think these numbers are baking into the share price yet. 

[Oldnagger]

Looks like NVA will be beating their old cash flow projections for 2022 of $25.25 per bfoe as the additional condensate and ngl's should raise the netback to about $30 So cash flow for 2022 will be optimistically 30 X 68 kbpd x 363 = 740 mm $ Take off 310 million for capex we get  430 mm$ fcf  (above previous estimates of 315 mm$) If we figure that the market place gives us a value

[Sugaree]

are your new calculations based on these numbers below from the release?: Additionally, production for the fourth quarter consisted of approximately 35% condensate, 10% NGLs, and 55% natural gas. i ask because not sure if you missed this part later in the release: Our corporate condensate mix is anticipated to gradually revert to the historical average of approximately 30% as flush

[Sugaree]

Oldnagger, you may have missed my posted question to you below earlier today with such a flurry of posts, lol. Here it is again, hope you follow my thoughts and can answer. are your new calculations based on these numbers below from the release?: Additionally, production for the fourth quarter consisted of approximately 35% condensate, 10% NGLs, and 55% natural gas. i ask because not sure

[Oldnagger]

I confess , maybe a bit of a pump, but it doesn't take away from the fact that NVA has fabulous prospects. My value added of 60 k per additional flowing barrel is also high. But in my defence, marginal barrels are worth much more than existing barrels. That is because the marginal barrels don't have to pay the fixed costs , nor are they hedged. So, I asked my SLY DROOL to help me calculate

[Sugaree]

hey, no worry, i was just wondering if you had caught that, especially when they hid that tidbit 5 paragrapghs down, lol. They were also pumping a bit. But, nontheless correct, it was a smash out of the ballpark quarter, and 3.6m shares traded on a 14.6% move up confirmed it. My guess is a consolidation day tomorrow with some swings and may close around even, then move up to end of week. May get