BNET Industries
Last Fiscal Year Sales:$208.3M
- Public
- CA
Dow Jones Description
Oil & Natural Gas Exploration
President & CEO
Alex G. VergeNumber of Employees 105
Contact Information
Ste 3500 700 2nd St SW
Calgary, Alberta T2P 2W2
(403) 538-8500
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
Recent Events
-
NuVista Energy Ltd.: Third Quarter Interim Report
News & Analysis
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nuvista energy ltd. - All News and Analysis
New Analyst Reports for NUVISTA ENERGY LTD, STERLING RESOURCES LTD, COM DEV INTERNATIONAL LTD, and BROWNSTONE VENTURES INC
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NuVista Energy Ltd. Announces Filing of its 2007 Annual Financial Statements, Management's Discussion and Analysis and Annual Information Form.
CALGARY, ALBERTA, Mar 28, 2008 Marketwire via COMTEX -- NuVista Energy Ltd. ("NuVista") (TSX:NVA) announces that it has filed its Audited Consolidated Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2007 and 2006, and its Annual Information Form which includes NuVista's...
NuVista Energy Ltd. Review in Progress.
M2 PRESSWIRE-7 March 2008-The SI Report: NuVista Energy Ltd. Review in ProgressC1994-2008 M2 COMMUNICATIONS LTD RDATE:07032008 Streetinvesting.com has now resumed our progressive review of NuVista Energy Ltd. (TSX:NVA) after it traded down less than 1% Friday, early in the...
NuVista Energy Ltd. Announces 2007 Year End Results.
CALGARY, ALBERTA, Mar 7, 2008 Marketwire via COMTEX -- NuVista Energy Ltd. (TSX:NVA) is pleased to announce its financial and operating results for the three months and year ended December 31, 2007 as follows: ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Corporate Highlights ---------------------------------------------------------------------------- ...
Introduces NuVista Energy to our Toronto Exchange Radar.
M2 PRESSWIRE-4 March 2008-IST Market Review: Introduces NuVista Energy to our Toronto Exchange RadarC1994-2008 M2 COMMUNICATIONS LTD RDATE:04032008 International Stock Targets is a world renowned independent research firm, based in Johannesburg, South Africa. Along with walking investors through the whole life-cycle...
NuVista and Rider Announce Closing of Plan of Arrangement, Closing of Investment by Ontario Teachers' Pension Plan Board and Expanded Credit Facility.
CALGARY, ALBERTA, Mar 4, 2008 Marketwire via COMTEX -- NuVista Energy Ltd. ("NuVista") (TSX:NVA) and Rider Resources Ltd. ("Rider") (TSX:RRZ) are pleased to announce that the business combination of NuVista and Rider pursuant to a Plan of Arrangement (the "Arrangement") was completed today. Under the terms...
NuVista Energy Ltd. Announces Strategic Business Combination With Rider Resources Ltd. and Enters Into Private Placement Financing With Ontario Teachers' Pension Plan.
CALGARY, ALBERTA, Jan 7, 2008 Marketwire via COMTEX -- NuVista Energy Ltd. ("NuVista") (TSX:NVA) and Rider Resources Ltd. ("Rider") (TSX:RRZ) are pleased to announce that they have entered into an agreement that provides for the strategic combination of Rider with NuVista. Under...
NuVista Energy Ltd. Announces Property Acquisition.
CALGARY, ALBERTA, Dec 17, 2007 Marketwire via COMTEX -- NuVista Energy Ltd. (TSX:NVA) ("NuVista") is pleased to announce that it has entered into an agreement to acquire certain oil properties located in our Provost core area, in close proximity to our existing Chauvin properties. The acquisition...
NuVista Energy Ltd. Announces Third Quarter Results.
CALGARY, ALBERTA, Nov 1, 2007 Marketwire via COMTEX -- NuVista Energy Ltd. (TSX:NVA) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2007 as follows: -------------------------------------------------------------------------- Corporate Highlights -------------------------------------------------------------------------- ...
NuVista Energy Ltd. Announces Second Quarter Results.
CALGARY, ALBERTA, Aug 2, 2007 CCNMatthews via COMTEX -- NuVista Energy Ltd. (TSX:NVA) is pleased to announce its financial and operating results for the three and six months ended June 30, 2007 as follows: ---------------------------------------------------------------------------- Corporate Highlights ---------------------------------------------------------------------------- ...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Alex G. Verge | President & CEO |
| Robert F. Froese | CFO & Vice President, Finance |
| Chris McDavid | Vice President, Operations |
| D. Chris Mcdavid | Vice President, Operations |
| D. Chris McDavid | Vice President, Operations |
| Dan B. Mckinnon | Vice President, Engineering |
| Gordon Timm | Vice President Land |
| Kevin J. Christie | Vice President, Exploration |
| Patrick W. Miles | Vice President Exploration |
| Steven J. Dalman | Vice President, Engineering |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Keith A. MacPhail | Chairman |
| Clayton H. Woitas | Board of Directors |
| Clayton M. Woitas | Board of Directors |
| Craig W. Stewart | Board of Directors |
| Grant A. Zawalsky | Board of Directors |
| Pentti O. Karkkainen | Board of Directors |
| Ronald J Poelzer | Board of Directors |
| W. Peter Comber | Board of Directors |
On completion of the Plan of Arrangement in July of 2003, Alex Verge assumed the role of President and CEO of NuVista Energy Ltd. Prior to the re-organization Alex was the Vice President of Engineering for Bonavista Petroleum Ltd. Prior to joining Bonavista, Alex spent two and a half years in the Business Development Group at POCO Petroleums. Alex had 13 years of experience prior to POCO, in the fields of Reservoir Engineering, Production Engineering and Exploitation Planning at Rising Resources, Shell Canada Resources, and Gulf Canada Resources Resources. Alex holds a Bachelor of Science degree in Chemical Engineering from the University of Toronto and a M Eng degree in Chemical and Petroleum Engineering from the University of Calgary. Clayton M. Woitas, Profico Energy Management Ltd. Clayton Woitas founded Profico Energy in 2000 as a private company focused on natural gas exploration and production in Western Canada. Prior to Profico, Clayton was President and C.E.O. of Renaissance Energy, where the company grew from 250 BOE/day to 150,000 BOE/day. Since receiving an engineering degree from the University of Alberta in 1973, Clayton has been an active participant in the upstream energy sector. Clayton is also a member of the Board of Directors of a number of other private advisory boards.
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | President & CEO | Current |
| NuVista Energy Ltd. | Board of Directors | Current |
| University of Toronto | Bachelor of Science Degree In Chemical Engineering | Former |
| University of Calgary | Degree, Chemical and Petroleum Engineering | Former |
Mr. Froese has more than 20 years experience in the oil and gas industry, he is currently Vice President, Finance and CFO of NuVista Energy Ltd. Prior to joining NuVista Energy Ltd., in 2006, Mr. Froese worked for a number of public oil and gas companies and in the investment banking industry. Most recently Mr. Froese worked at Suncor Energy Inc. in the role of Treasurer.
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | CFO & Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Vice President, Operations | Current |
| Bonavista Petroleum Limited | Former |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Vice President, Engineering | Current |
Mr. Timm has been active in the oil and gas industry since 1985. Prior to joining NuVista Energy Ltd., as Land Manager in 2004, Mr. Timm held progressively more responsible positions with junior and senior oil and gas companies.
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Vice President Land | Current |
| NuVista Energy Ltd. | Land Manager | Former |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Vice President, Exploration | Current |
Mr. Miles joined Bonavista Petroleum Ltd., in October 2000 as an Exploration Geologist. On completion of the Plan of Arrangement in July of 2003, Mr. Miles assumed the role of Exploration Manager for NuVista Energy Ltd. Mr. Miles has been active in the oil and gas industry since 1989. Mr. Miles commenced his oil and gas career with an overseas posting to several countries in the Middle East for four years. Upon his return he worked for two junior oil and gas companies before working at Pinnacle Resources and Renaissance Energy.
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Vice President Exploration | Current |
| NuVista Energy Ltd. | Manager | Former |
| Bonavista Petroleum Limited | Exploration Geologist | Former |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Vice President, Engineering | Current |
| NuVista Energy Ltd. | Manager, Engineering | Former |
| Bonavista Petroleum Limited | Former | |
| Shell Canada Limited | Former | |
| Canadian Natural Resources Ltd. | Former |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Chairman | Current |
| Canetic Resources Trust | Director | Current |
| Clear Energy Inc. | Director | Current |
| Canadian Natural Resources Ltd. | Board of Directors | Current |
| Canadian Natural Resources Ltd. | Chairman | Former |
| York University | Masters of Business Administration | Former |
| University of Toronto | Bachelor of Arts Degree | Former |
Since receiving an engineering degree from the University of Alberta in 1973, Mr. Woitas has been actively involved in the upstream energy sector. Mr. Woitas was co-founder in 2000 of privately held Profico Energy Management Ltd., sold in 2006 with a production base of 18,000 BOE/d. Prior to Profico, he was President and CEO of publicly-traded Renaissance Energy Ltd. where the company grew from 250 to 150,000 BOE/day. He is currently Chairman of the Board for Range Royalty LP, a private energy venture. Mr. Woitas is also on the Board of Directors of NuVista Energy Ltd. and a number of private energy firms. Mr. Woitas is a member of the Reserves Committee and the Health, Safety and Environment Committee.
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Board of Directors | Current |
Mr. Poelzer has more than 22 years experience in the oil and gas industry. He is currently a Director and Executive Vice President and Chief Financial Officer of Bonavista Energy Trust. Prior to Bonavista, he held various financial, M&A and strategic planning roles with Poco Petroleums Ltd. Mr. Poelzer is a Chartered Accountant and graduated from the University of Saskatchewan with a Bachelor of Commerce (Distinction) in 1983. Mr. Poelzer is also a member of the board of directors of NuVista Energy Ltd. as well as various private companies and a charitable foundation.
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Board of Directors | Current |
| Ultrasonix Medical Corporation | Board of Directors | Current |
| University of Saskatchewan | Chartered Accountant | Former |
| University of Saskatchewan | Bachelor of Commerce | Former |
| Organization | Position | Status |
|---|---|---|
| NuVista Energy Ltd. | Board of Directors | Current |
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