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NuVista Energy Ltd3500, 700 2nd Street SW, Calgary, Alberta, Canada

Memberships : NA
Industry : Oil & Gas
Basic Member
Since Oct, 2016
About Company

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.

We have created an organization in which operational and technical excellence and idea generation are encouraged in a culture that emphasizes accountability and performance. By focusing on the Wapiti operating area, our teams have become experts in identifying opportunities and improving economics. Over time, this intimate knowledge enables us to extract maximum value from the asset. Our goal is to operate with a high working-interest ownership. This enables us to control the pace of development, minimize costs and cycle times between ideas and cash flow, and allows us to accurately forecast the timing and magnitude of our efforts. We continue to enforce stringent cost controls to maintain our financial flexibility throughout the commodity price cycles. We believe that stewardship of our capital spending over the long-term is the single biggest factor in our ability to grow profitably.

One of the keys to our success is retaining technically strong and engaged employees. Our employees are all rewarded with an ownership stake in NuVista, closely aligning their interests with those of our shareholders.

Mission

NuVista is a Canadian oil and gas resource company with a mission to deliver maximum shareholder value.

Vision

Our vision is to be known and respected for our: 

  • Entrepreneurial spirit and disciplined delivery
  • Focused investment on profitable, repeatable plays
  • Production and share value growth of 10% to 20% per year over the next five years
  • Multi-year inventory of projects across the maturity spectrum
  • Strong safety, health and environmental commitment.

At NuVista we’ve created a unique, compelling culture through living our values every day. We always aspire to be a respected community partner and be known by our employees as the best place they’ve ever worked.

Values

Honesty and Integrity

  • We act ethically and speak the truth, even if it is uncomfortable.
  • Our actions are congruent with our words.

Excellence

  • We have a clear sense of destination and what success looks like.
  • We play to our strengths and manage weaknesses.
  • We deliver through superior skills, hard work and dedication.
  • We find the right balance between analysis, planning and execution

Respect

  • We treat everyone with dignity, regard and are open to different opinions and out of the box thinking
  • We have fun at work and value a work/life balance

Empowerment and Accountability

  • We are all owners - we take initiative
  • We demonstrate leadership at all levels
  • We deliver on our promises 

Safety

  • No issue is more important than the Safety and Health of our employees, contractors, and the public
  • If a conflict ever arises between safety and production, we will choose safety.
Company NameNuVista Energy Ltd
Business CategoryOil & Gas
Address3500, 700 2nd Street SW
Calgary
Alberta
Canada
PresidentNA
Year Established2003
Employees200
MembershipsNA
Hours of OperationNA
Company Services
  • Oil
  • Energy