Operator
Ovintiv Inc
Acquired in November 2024 by Fourpoint Energy Llc. The snapshot below reflects historical activity.
About
Exploration & Production
Acquisition chain
Forward & backward M&A lineage
Drilling activity
Recent rig presence by basin
Recent activity
Ovintiv’s Montney Move: $2.7B NuVista Deal Adds 930 Locations, 100Mboe/d
Ovintiv has taken a decisive step in its portfolio transformation, signing a definitive agreement to acquire NuVista Energy in a cash-and-stock transaction valued at approximately $2.7 billion (C$3.8...
Large E&P Chops Permian/Anadarko Basin Frac Activity by 30% In 2024
Ovintiv provided an update to it's plan for 2024. The company plans to cut Permian well activity by 27%, the Anadarko basin by 67% and the Montney by...
Large Permian E&P Cuts Capex;Outlines New D&C Plans, 2024
Ovintiv provided an updated guidance for the remainder of the 2023 development cycle. 2023 Guidance The Company issued its third quarter 2023 guidance and revised its full year...
Permian E&P Cut Rigs from 10 Rigs To 5
Ovintiv, during its 1Q 2023 earnings call provided some update on the remainder of its 2023 development program. One thing we have always stressed is that with the...
Ovintiv Inc. Adds PSEG Exec to Board of Directors
Ovintiv Inc. announced that Ralph Izzo has been named as an independent member of its Board of Directors, effective September 6, 2022, and that Bruce Waterman will retire...
Deals
Ovintiv announced that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer…
Ovintiv Inc. (NYSE/TSX: OVV) agreed to acquire NuVista Energy Ltd. (TSX: NVA) for $2.7 billion USD (approximately C$3.8 billion), payable…
Ovintiv Inc. announced it will acquire Paramount Resources' Montney assets in Alberta for $2.377 billion in cash, adding 70 MBOE/d of…
FourPoint Resources, LLC, backed by private equity firms Quantum Capital Group and Kayne Anderson, announced its $2.0 billion all-cash…
Grayson Mill Bakken, a Encap backed company is acquiring Ovintiv bakken assets for $825 million. The deal is part of a larger deal where…