Expand's Rig EDC 41 drilled the longest lateral in U.S. history, at 27,657 feet or 5.2 miles, at BW Edge MSH 210H well in ...

Ovintiv (OVV) is projected to generate over $1.6 billion in free cash flow in 2025 at current strip prices. This will give it the funds to reduce its net debt to $5 billion by the end of the year ...

DENVER, Jan. 31, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today closed the previously announced acquisition of certain Montney assets from Paramount ...

Ovintiv Inc. is acquiring Montney assets in Alberta from Paramount Resources Ltd. in an all-cash transaction valued at approximately $2.377 billion (CAD 3.325 billion). Upon closing, the ...

The Ovintiv logo is shown in this undated handout photo. Ovintiv Inc. says it has signed a deal to buy a group of assets in the Montney region from Paramount Resources Ltd. in an all-cash deal ...

Ovintiv Inc., Denver, has agreed to acquire certain Montney assets from Paramount Resources Ltd., Calgary, in a deal valued at about $2.377 billion and has offset the deal with another to divest ...

The massive price discount on Canadian oil and gas assets compared with those south of the border was likely a major factor behind Ovintiv Inc.’s multi-billion-dollar move to snap up assets in ...

DENVER, Nov. 14, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today announced it has entered into a definitive purchase agreement to acquire certain Montney ...

(Reuters) -Shale producer Ovintiv said on Thursday it was acquiring oil assets from Paramount Resources for $2.38 billion in cash, expanding its presence in Canada's Montney shale play. At the same ...

"We are acquiring top decile rate of return assets in the heart of the Montney oil window," said Ovintiv President and CEO, Brendan McCracken. "This acquisition is the targeted result of our in ...

CALGARY — Ovintiv Inc. says it has signed a deal to buy a group of assets in the Montney region from Paramount Resources Ltd. in an all-cash deal valued at about US$2.38 billion ($3.3 billion).

CALGARY — The massive price discount on Canadian oil and gas assets compared with those south of the border was likely a major factor behind Ovintiv Inc.’s multi-billion-dollar move to snap up assets ...