NuVista Energy Ltd. is a condensate and natural gas company, which engages in the exploration, development, and production of oil and natural gas reserves. The company is headquartered in Calgary, Alberta. The company went IPO on 2003-07-07. The firm 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).
Follow-Up Questions
Who is the CEO of Nuvista Energy Ltd?
Mr. Michael Lawford is the President of Nuvista Energy Ltd, joining the firm since 2012.
What is the price performance of NUVSF stock?
The current price of NUVSF is $12.01, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Nuvista Energy Ltd?
Nuvista Energy Ltd belongs to Energy industry and the sector is Energy
What is Nuvista Energy Ltd market cap?
Nuvista Energy Ltd's current market cap is $2.3B
Is Nuvista Energy Ltd a buy, sell, or hold?
According to wall street analysts, 15 analysts have made analyst ratings for Nuvista Energy Ltd, including 3 strong buy, 8 buy, 5 hold, 0 sell, and 3 strong sell