Core Viewpoint - NuVista Energy Ltd. confirms its annual average production guidance for 2025, estimating approximately 83,000 Boe/d, with potential adjustments based on the commissioning of the Pipestone Gas Plant [1][2]. Production Guidance - The company anticipates an annual average production of approximately 84,000 Boe/d if the Pipestone Plant is commissioned in September, and approximately 82,000 Boe/d if commissioning is delayed until the end of the year [1]. - The production mix for 2025 is projected to be 61% natural gas, 30% condensate, and 9% natural gas liquids (NGLs) [6]. Operational Progress - NuVista is ramping production back up above 90,000 Boe/d and completing operations on its final pad for the year, indicating strong operational execution [2]. - The company has a robust balance sheet and a less intensive capital plan for the second half of 2025, which supports its shareholder return strategy [2]. Company Overview - NuVista is focused on the exploration, development, and production of oil and natural gas reserves in Alberta, particularly in the condensate-rich Montney formation [3]. - The company aims to create significant shareholder value through high-value condensate volumes associated with its natural gas production [3].
NuVista Energy Ltd. Confirms 2025 Production Guidance