Ovintiv to buy Montney oil assets for $2.38 billion

Reuters

2024/11/14

Nov 14 (Reuters) - Ovintiv OVV.N said on Thursday it would acquire certain oil assets located in the Montney formation in Canada from Paramount Resources for about $2.38 billion in an all-cash deal.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Pooja Desai)

((Srivastava.Vallari@thomsonreuters.com;))

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