Ovintiv closes Midland basin acquisition for over $4 billion, completes Bakken asset sale for $825 million
(WO) – Ovintiv Inc. closed the previously announced acquisition of core Midland Basin assets, adding approximately 1,050 net 10,000 foot well locations and approximately 65,000 net acres of largely undeveloped land adjacent to Ovintiv’s existing Permian operations.
The …