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Top News In Swan Oil Gas Today - Breaking & Trending Today

Ovintiv to acquire core Midland Basin assets

Ovintiv has entered into a definitive purchase agreement to acquire substantially all leasehold interest and related assets of certain portfolio companies of funds managed by EnCap Investments, in a cash and stock transaction valued at approx. $4.275 billion. Upon closing, the acquisition will add approx. 1,050 net 10,000 foot well locations to Ovintiv s Permian inventory and approx. 65,000 net acres in the core of the Midland Basin. ....

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Shale producer Ovintiv to buy EnCap's Permian oil assets in US$4.3-billion deal

The move is part of Ovintiv’s efforts to expand its operations in the Permian basin, where the company has already committed to undertaking additional drilling work ....

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Ovintiv to buy EnCap's Permian Basin oil assets

The US$4.3 billion oil deal is part of Ovintiv s efforts to expand its operations in the Permian basin. Read more ....

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Ovintiv To Buy Leasehold Interest, Related Assets From NMB Sellers For $4.275 Bln In Cash, Stock

Ovintiv Inc. (OVV), a hydrocarbon exploration and production firm, said on Monday that it has inked a deal to acquire substantially all leasehold interest and related assets of the portfolio companies of funds managed by EnCap Investments L. ....

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Ovintiv to acquire Permian oil assets from EnCap for $4.3B

Ovintiv announced Monday it is acquiring oil exploration and production assets in the Permian Basin, in the United Stataes from Black Swan Oil & Gas,. ....

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