Operational Updates
NuVista Provides Update To Montney Drilling
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NuVista Energy Ltd. announced results for the three and nine months ended September 30, 2012 and provide an update on its business plan.
Wapiti Montney Well ResultsNuVista now has a minimum of 30 day initial production rates (IP30) on all five delineation wells. The average IP30 raw natural gas production rates from these wells has been slightly above the typecurve of 5.8 MMcf/d (1,140 Boe/d including liquids) and 4.4 Bcf raw ultimate production. Strong condensate yields have been identified on both NuVista's North and South Block of landholdings, confirming the large scale of this condensate-rich resource play. Liquids yields on the five wells have averaged 59 Bbls/MMcf of raw natural gas, including condensate yields averaging 46 Bbls/MMcf. Average condensate yields from the four wells…
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