NuVista Energy Ltd.

EnerCom hosts its 25th annual The Oil & Gas Conference in an innovative hybrid format Limited in-person attend attendance in Denver, Dallas, Houston, and Calgary Virtual attendance open to registrants globally EnerCom, Inc. is pleased to announce that registration is open for the 25th annual edition of its popular The Oil & Gas Conference® August 17th to the 19th, 2020. This year's event will be held in a hybrid format [...]

NuVista Energy Ltd. is pleased to announce that our bank syndicated credit facility limit has been redetermined at $475 million. This compares to the prior limit of $550 million. NuVista expects to have more than adequate liquidity for the remainder of 2020, as the Company plans to spend less than anticipated adjusted funds flow for the remainder of the year. As noted previously, NuVista has the productive capacity to [...]

NuVista Energy Ltd. announces that the following matters were approved at the annual and special meeting of the shareholders of NuVista held on May 5, 2020 in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual and Special Meeting of Shareholders and Information Circular dated March 20, 2020 . 1. Fixing the Number of Directors By resolution passed via ballot, the number of [...]

NuVista Energy Ltd. is pleased to announce results for the three months ended March 31, 2020 and provide an update on our future business plans in response to volatile and low oil and liquids pricing induced by the ongoing Covid-19 crisis and the disputes between major oil producing countries. Financial and Operational Performance During the quarter ended March 31, 2020, NuVista: Produced 52,080 Boe/d, matching well with [...]

NuVista Energy Ltd. announces that we have reduced our capital spending program for 2020 effective immediately in order to remain approximately in line with forecast adjusted funds flow, consistent with prior guidance. Maintaining the strength of our balance sheet continues as the top priority after the sudden decline in oil prices associated with recent global events. Credit facility drawings will be managed to [...]

NuVista Energy Ltd. is pleased to announce results for the three months and year ended December 31, 2019 and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. Record 2019 Production and Adjusted Funds Flow During the quarter and year ended December 31, 2019, NuVista: Produced a record 57,010 Boe/d for the fourth quarter of 2019, or 16 [...]

NuVista Energy Ltd. is pleased to announce a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. Operations Update The NuVista operated Pipestone South Compressor Station has performed with high reliability since commencing operations late in the third quarter of 2019. After initial testing, the 11 new wells at Pipestone have been operating [...]

NuVista Energy Ltd. is pleased to announce results for the three and nine months ended September 30, 2019 and provide an update on our future business plans. Measured and profitable growth continued as planned during the quarter due to the progressive addition of new wells as part of our ongoing development program in Gold Creek and Bilbo. Late in the third quarter, the startup of the Pipestone asset was achieved under [...]

NuVista Energy Ltd. is responding to a produced salt water leak on a pipeline in northwest Alberta, 70 kilometres south of Grande Prairie. The produced water disposal pipeline has been shut down and isolated. There have been no injuries. The pipeline runs from NuVista’s gas facility in the Bilbo field to a nearby water disposal well. Produced water is a by-product of oil and gas production. On the morning of Monday [...]

NuVista Energy Ltd. is pleased to announce results for the three and six months ended June 30, 2019 and provide an update on our future business plans. In these times of significant volatility in the commodity market, we are pleased to have strong well economics leading to a funded three year plan which delivers clear line of sight to material free funds flow and provides us flexibility to adapt as the market changes [...]