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FOR: NUVISTA ENERGY LTD.

TSX SYMBOL: NVA - |  View Quote |  View Chart |  View Financials | 

NuVista Energy Ltd. Announces Filing of its 2004 Annual Financial Statements, MD&A and AIF

Mar 31, 2005 - 10:06 ET

NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR:  NUVISTA ENERGY LTD.

TSX SYMBOL:  NVA

MARCH 31, 2005 - 10:06 ET

NuVista Energy Ltd. Announces Filing of its 2004 
Annual Financial Statements, MD&A and AIF

CALGARY, ALBERTA--(CCNMatthews - March 31, 2005) - NuVista Energy Ltd. 
(TSX:NVA) ("NuVista") announces that it has filed the Management's 
Discussion and Analysis and Audited Consolidated Financial Statements 
for the years ended December 31, 2004 and 2003, and its Annual 
Information Form which includes NuVista's reserves data and other oil 
and gas information for the year ended December 31, 2004, with the 
Canadian securities regulatory authorities on the System for Electronic 
Document Analysis and Retrieval ("SEDAR"). NuVista previously announced 
its results for the fourth quarter 2004 and year ended December 31, 2004 
in a press release dated February 24, 2005. An electronic copy of these 
documents may be obtained on NuVista's SEDAR profile at www.sedar.com or 
on the NuVista website at www.nuvistaenergy.com.

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".

-30-


FOR FURTHER INFORMATION PLEASE CONTACT:

NuVista Energy Ltd.
Keith A. MacPhail
Chairman
(403) 538-8500

or

Alex G. Verge
President and Chief Executive Officer
(403) 538-8500

or

Glenn A. Hamilton
Vice President and Chief Financial Officer
(403) 538-8500

or

NuVista Energy Ltd.
700, 311 - 6th Avenue SW
Calgary AB T2P 3H3
Website: www.nuvistaenergy.com