US independent Ovintiv closes acquisition of Midland basin assets for $4.28 billion

The independent bought assets of portfolio companies of EnCap investments

Ovintiv acquired assets in the Midland basin adjacent to its existing Permian basin operations — Ovintiv acquired assets in the Midland basin adjacent to its existing Permian basin operationsPhoto: AFP/SCANPIX

Naomi Klinge

Houston

Ovintiv EnCap Investments Permian Basin Americas North America

Published 14 June 2023, 13:16Updated 14 June 2023, 13:18