• Nuvista Energy Ltd. ( TSE: NVA )

Latest News & Activity



About

NuVista is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in Western Canadian Sedimentary Basin NuVista’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin This play has the potential to create significant shareholder value due to the high-value condensate volumes associated with the natural gas production and the large scope of this resource play
2012 was a pivotal year for NuVista, repositioning the company from an acquire and develop business model to a business model focused on its Wapiti Montney play with strong economics, repeatability and scale The focus of 2012 and 2013 was on delineation drilling and follow-up drilling to identify development drilling opportunities The focus of 2014 is executing on a development program primarily in it Bilbo South Development Block and adding new infrastructure to increase processing capacity

Location

3500, 700 2nd Street SW
Calbary Alberta T2P 2W2
Phone : -

http://wwwnuvistaenergycom/


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Announce Date Project Name Project TypeIn-Service Date Capacity Details
May-20-2014   Transport_Pipeline  2015  30 MMcfd  Details
Apr-09-2013   Processing,Other  2014  35 MMcfd  Details
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Drilling & Completion Activity
Company Name Capital $MM Area/Play Plan To Drill/Spud Wells Completed On-Production /Sales
 

NuVista Touts Best Montney Well Ever; 16,000 FT Lateral Flowing 1,000 Bbls/d

May 10,2018
NuVista, drills the best montney well to-date.  The well flowed 1,000 Bbls/d of condensate.  The 5,000 metre, (16,000 ft lateral) was completed with 88 states.

NuVista Grows Production 51%; Plans $290 Million Montney CapEX

March 12,2018
NuVista reported 3 months and year-end 2017 results. Produced a record 37,400 Boe/d for the fourth quarter of 2017, near the top of the guidance range of 35,000 – 38,000 Boe/d and 51% greater than the respective quarter…

- NuVista Completes 16 Wells in Q3; Talks 2018 Capex Budget

November 20,2017
 [Summar: NuVista released its Q3 results where it discussed its highlights and discussed its preliminary 2018 plans. Highlights include: Production in Q3 was 29,409 boe/d, an increase of 15.5% from 24,415 boe/d in Q2 and 18.1% from 24,898 boe/d…

- NuVista Short Lateral Montney Wells Outperforming

September 13,2017
NuVista Energy has reported several operational updates. Bilbo Block Startup Our largest pad, containing six wells, has now been successfully started up at Bilbo. Despite the shorter lateral length of 1425 to 1500 meters (4,675-4,921 feet) on these…

- NuVista to Add Another Rig as Drilling, Production Ramp Up

June 05,2017
Weekly production continued with strength, reaching 33,000 Boe/d after the previously reported unscheduled 3rd party gas plant outage in April.

 Company Divestiture

Announce Date Buyer$MMTypePlay/LocationDetails
Oct-07-2014 Property Montney Shale 
Oct-17-2012 Property Canada 
Sep-11-2012 Property Montney Shale 


 Company Acquisitions

Announce DateSeller$MMTypePlay/LocationDetails
Aug-26-2014 Property Montney Shale 

NuVista Touts Record IPs at Montney Elmworth, Bilbo Prospects

January 19,2016
NuVista Energy Ltd. has reported a number of updates that highlight the economic viability and flexibility of NuVista’s ongoing business.

NuVista Bags $110 Million To Fund Montney Development

April 08,2015
The net proceeds of the offering will be used to partially fund its remaining 2015 Wapiti Montney capital program.

NuVista Energy Running 3 Wapiti Montney Rigs

March 09,2015
First quarter of 2015 includes running two to three drilling rigs in the Wapiti area.

Nuvista Cuts Spending, Adjusts Guidance in 2015

January 21,2015
revised our 2015 capital budget to a range of $270 - $290 million

NuVista Delineates NE Montney with Condensate-Rich Test

August 14,2014
Initial test has proven NE Montney to be highly condensate-rich, over-pressured, some of the lowest D&C costs.

NuVista Details Montney Sweet Spot

April 29,2014
NuVista has found a condensate sweet spot the company is exploiting. NuVista's Montney Shale wells outperform the typecurve in condensate ratio and overall production.

NuVista Sees Strong Montney Results; Talks 2013

March 06,2013
The company has detailed its 2012 successes as well as its plans to grow Montney activity in 2013.

NuVista Plans Wapiti Montney Expansion Program

November 19,2012
NuVista Energy Ltd. has entered into agreements to issue a total of 19,000,000 common shares including 1,700,000 common shares to be issued on a "flow-through" basis for gross proceeds of $94,783,000. Use of Proceeds Proceeds of the Offerings will initially…

NuVista Energy Encouraged by Wapiti Montney Well Results

August 09,2012
NuVista Energy Ltd., is pleased to announce results for the three and six months ended June 30, 2012 and provide an update on its business plan. During the second quarter of 2012, we drilled and completed the last well of…

NuVista Energy Ltd. Announces First Quarter 2012 Results;Montney Update

May 04,2012
NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce results for the three months ended March 31, 2012 and provide an update on its business plan. During the first quarter of 2012, we achieved significant success in our two key…

NuVista Energy Ltd. Announces Fourth Quarter 2011 Results

March 05,2012
NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce results for the three and twelve months ended December 31, 2011 and provide an update on its business plans. NuVista delivered strong fourth quarter operating and financial results despite a weak…