Impact: Positive. Cash netbacks were ahead of forecast and NuVista continues to observe strong results within its Montney complex, particularly at Bilbo offsetting Seven Generations. The Company has increased its 2016e volume guidance by 1,000 boe/d on an unchanged capital budget for 2016e so market estimates will be going higher on receipt of this quarter.

10 Aug 2016
ANNOUNCES STRONG SECOND QUARTER 2016 FINANCIAL AND OPERATING RESULTS

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ANNOUNCES STRONG SECOND QUARTER 2016 FINANCIAL AND OPERATING RESULTS
NuVista Energy Ltd. (NVA:TSE) | 0 0 -0.5% | Mkt Cap: 1,392m
- Published:
10 Aug 2016 -
Author:
Robert Fitzmartyn -
Pages:
5 -
Impact: Positive. Cash netbacks were ahead of forecast and NuVista continues to observe strong results within its Montney complex, particularly at Bilbo offsetting Seven Generations. The Company has increased its 2016e volume guidance by 1,000 boe/d on an unchanged capital budget for 2016e so market estimates will be going higher on receipt of this quarter.