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NuVista Touts Record IPs at Montney Elmworth, Bilbo Prospects
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NuVista Energy Ltd. has reported a number of updates that highlight the economic viability and flexibility of NuVista’s ongoing business.
Corporate metrics have met all original guidance expectations for 2015, while well results continue to improve and outperform. The company is entering 2016 with a healthy balance sheet and a plan underpinned by new data showing the lowest well costs and best well performance we have ever achieved.
2016 Guidance Capital Expenditure : $140 – $160 million Production Guidance : 24,500 – 26,000 Boe/d 2015 Guidance Q4-2015 Production : 23,400 Boe/d Capital Expenditure (2015-FY) : $273 million Operations Update Seven new well IP30’s are noted in the table below, including new record results. We are very encouraged with the continued improvements in…- ✓ Full news archive — U.S., Canada & international coverage
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