Ovinitv Sells Out of Canada’s Duvernay Shale Play
Transaction Type
Sellers
Basin
Duvernay
Announce Date
Post Date
Close Date
Estimated Price
236MM
Description
Acquired Ovintiv’s Duvernay asset in Alberta including production averaged approximately 10,000 boe/d (43% liquids) in 4Q 2020; transaction consideration includes $12 MM of contingent payments based on future commodity prices.