Ovintiv to buy Montney oil assets for $2.38 billion-March 2024-www.financetom.com

Ovintiv to buy Montney oil assets for $2.38 billion

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Ovintiv to buy Montney oil assets for $2.38 billion

Nov 15, 2024 12:39 PM

Nov 14 (Reuters) - Ovintiv ( OVV ) 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.

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