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NuVista Energy Ltd. Announces Closing of Equity Financing

T.NVA

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce that it has closed its previously announced public offering of 11,000,000 common shares through a syndicate of underwriters co-led by Peters & Co. Limited and RBC Capital Markets and including CIBC World Markets Inc., FirstEnergy Capital Corp., Scotia Capital Inc., BMO Capital Markets, TD Securities Inc., and National Bank Financial Inc. at a price of $7.10 per common share for gross proceeds of $78.1 million.

INVESTOR INFORMATION

NuVista is an independent Canadian oil and natural gas exploration, development and production company with its common shares trading on the Toronto Stock Exchange under the symbol "NVA".

NuVista Energy Ltd.
Jonathan Wright
President and CEO
(403) 538-8501

NuVista Energy Ltd.
Robert F. Froese
VP, Finance and CFO
(403) 538-8530