09:38 AM EST - NuVista Energy Ltd : Announced record high weekly production and positive financial and operating results for the three and six months ending June 30, 2023. During the second quarter of 2023, NuVista: Produced an average of 71,029 Boe/d in the quarter, in line with our guidance of 71,000 Boe/d following the impact of the wildfires in the Grande Prairie region of Alberta. This represented a 9% increase in production from the second quarter of 2022. Production benefited from the addition of 12 new wells brought online. Included in this figure is the temporary challenge due to the Alberta wildfires, which resulted in approximately 11,000 Boe/d of shut-in production during the quarter, along with delays in certain capital projects. Second-quarter production consisted of 31% condensate, 9% NGLs and 60% natural gas. NuVista Energy Ltd
shares T.NVA are trading unchanged at $12.03.
