One-Page Deal Sheet
FourPoint Resources Acquires Uinta Assets from Ovintiv For $2 Billion
Fourpoint Energy Llc Ovintiv Inc
Announced Date
November 14,2024
Effective Date
October 01,2024
Close Date
January 22,2025
Transaction Type
Asset
Enterprise Value (EV)($MM)
2000
Location
Region
Rockies - Piceance/Uinta
Country
United States
State
Utah
Play
Production Production
Production Mix
Transaction Details: Require Private Equity Subscription
FourPoint Resources, LLC, backed by private equity firms Quantum Capital Group and Kayne Anderson, announced its $2.0 billion all-cash acquisition of Ovintiv Inc.’s Uinta Basin assets on November 14, 2024. The deal includes 126,000 net acres and 29,000 barrels per day of oil production, positioning FourPoint to scale operations across a high-quality, inventory-rich asset base in Utah. This marks a major return for FourPoint, now supported by the same private equity partners that previously backed the company’s success in the Anadarko Basin.
The Uinta Basin’s multi-zone hydrocarbon potential…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Apr-10-2025 |
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Click here | Colorado | E&P |
| Aug-20-2024 |
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| Jun-27-2024 |
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| Jul-06-2022 |
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| Mar-08-2022 |
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