NuVista Energy Ltd. Advises of Impact of Unscheduled Third-Party Downtime

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX:NVA, "NVA" or the "Corporation") advises that it temporarily curtailed production in the greater Wapiti area due to unscheduled maintenance at a third-party gas plant impacting December production volumes. Prior to this temporary impact, NuVista’s production was in line with fourth quarter guidance, averaging over 90,000 Boe/d in both October and November. Due to the impact of this downtime, NuVista has revised its fourth quarter guidance to 83,000 - 84,000 Boe/d, from 89,000 - 91,000 Boe/d pointing us to just below the bottom end of the full-year range of 83,500 - 86,000 Boe/d. The facility is currently being re-started which is anticipated to bring corporate production levels back above 90,000 Boe/d to exit 2024.

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