NuVista Energy Ltd. Announces Closing of Equity Financing

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce that it has closed its previously announced public offering of 11,000,000 common shares through a syndicate of underwriters co-led by Peters & Co. Limited and RBC Capital Markets and including CIBC World Markets Inc., FirstEnergy Capital Corp., Scotia Capital Inc., BMO Capital Markets, TD Securities Inc., and National Bank Financial Inc. at a price of $7.10 per common share for gross proceeds of $78.1 million.


NuVista is an independent Canadian oil and natural gas exploration, development and production company with its common shares trading on the Toronto Stock Exchange under the symbol "NVA".

Contact Information:

NuVista Energy Ltd.
Jonathan Wright
President and CEO
(403) 538-8501

NuVista Energy Ltd.
Robert F. Froese
VP, Finance and CFO
(403) 538-8530