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NuVista Delineates NE Montney with Condensate-Rich Test
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NuVista Energy Ltd. has announced results for the three and six months ended June 30, 2014 and provide an update on its future business plans.
During the second quarter of 2014 NuVista significantly advanced our long term goals with further development drilling focused mainly on the Montney formation in the South Bilbo development block, achieved two new IP30 production results, conducted new facility startups, and continued to make progress in non-core divestitures.
Although our Wapiti production was highly restricted by both planned and unplanned outages at third party facilities, NuVista delivered production above the top of our second quarter guidance range of 13,000 to 14,000 Boe/d. Several of the facility restrictions during the quarter included work on third party facility capacity…
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