NuVista Energy Ltd. is pleased to announce financial and operating results for the three and six months ended June 30, 2021, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. This was a successful quarter for NuVista, with results that included the continued ramp-up of production in the new Pipestone North compressor station facility [...]
NuVista Energy Ltd. announced today that it has completed its previously announced private placement of $230 million aggregate principal amount of 7.875% senior unsecured notes due July 23, 2026 . The Notes were offered through a syndicate of underwriters led by CIBC Capital Markets and RBC Capital Markets, as joint book runners, Scotiabank, as co-lead manager, and ATB Capital Markets, BMO Capital Markets and Peters [...]
NuVista Energy Ltd. is pleased to announce today that it has entered into an underwriting agreement to sell, on a private placement basis, $230 million aggregate principal amount of 7.875% senior unsecured notes due July 23, 2026 , which was increased from the previously announced offering of $200 million. The Notes will be issued at $989.89 expressed as a price per $1,000.00 principal amount under a new trust indenture [...]
NuVista Energy Ltd. announced today that it intends to undertake, subject to market and other conditions, a proposed private placement of senior unsecured notes in the amount of $200 million . Subject to the completion of the Offering, NuVista intends to use the net proceeds of the Offering, together with borrowings under its credit facility, to redeem all of the Company's existing $220 million senior unsecured notes due [...]
NuVista Energy Ltd. announces that the following matters were approved at the annual meeting of the shareholders of NuVista held on May 11, 2021. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and Information Circular dated March 26, 2021 . 1. Fixing the Number of Directors By resolution passed via ballot, the number of directors to be elected at the meeting was fixed [...]
NuVista Energy Ltd. is pleased to announce financial and operating results for the three months ended March 31, 2021, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. This was a successful quarter for NuVista, with results that included the startup of the new Pipestone North compressor station facility ahead of schedule and below [...]
In 2021, EnerCom is launching its Environmental, Social and Governance Summit as a part of the EnerCom Dallas event Event will be a hybrid format with a small in person audience on April 6 in Dallas at the Petroleum Club and a full virtual day of presentations and panel discussions on April 7 EnerCom, Inc. announces participating companies for the EnerCom Dallas Energy Investment & ESG Conference April 6-7, 2021. EnerCom [...]
NuVista Energy Ltd. is pleased to announce reserves, financial and operating results for the three months and year ended December 31, 2020, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. 2020 was an unprecedented year where the world saw the COVID-19 pandemic deeply affecting all economies and temporarily reducing the demand for oil [...]
NuVista Energy Ltd. is pleased to announce the divestiture of its non-core Charlie Lake and Cretaceous Unit assets in the Wembley area, as well as selected water infrastructure assets in the Wembley/Pipestone area, for total proceeds of $94 million prior to adjustments. There is no change to NuVista's ownership in our core Montney assets in Pipestone, Wapiti, and the surrounding area, and no material change to our [...]
NuVista Energy Ltd. is pleased to announce results for the three and nine months ended September 30, 2020 and provide an update on our future business plans. NuVista continued its decisive action in the face of a challenging year for all of industry, through the progression of our COVID-19 safe operating plan, and the significant reduction of capital, operating, and G&A spending to ensure liquidity and balance sheet [...]
This press release is being issued pursuant to section 5.2 of National Instrument 62-104 -Take-Over Bids and Issuer Bids. Paramount Resources Ltd. announces that it acquired direct ownership and control of 17,324,000 common shares of NuVista Energy Ltd. today at a price of $0.61 per NuVista Share for an aggregate purchase price of $10,567,640. The Transaction was conducted as a block trade through the facilities of the [...]
NuVista Energy Ltd. is pleased to announce the successful renegotiations of our Minimum Volume Commitments under various processing and transportation agreements, and the successful consummation of an agreement for Letters of Credit support in the amount of $40 million with Export Development Canada . The adjustments to our MVCs profile provides NuVista with: A successful reduction of approximately 20% in our near-term [...]