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NuVista Energy (NVA.TO) CEO Jonathan Wright says two-thirds of his company’s cash flows come from producing condensate, a light oil used to blend with heavy crude so it can be pumped down pipelines.
1 Forecast production comprised of [10,944] bbls/d of light crude oil and NGLs plus [4,560] mcf/d of conventional natural gas. 2 Non-IFRS Measure. See "Information Regarding Disclosure on Oil and ...
Through the Ridgeback Acquisition, Saturn will acquire approximately 17,000 boe/d (~71% light oil and natural gas liquids (" NGLs ")) 6 of low decline, capital efficient production, which, at US ...
Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades dwindles, creating bottlenecks for producing exportable blends ...