the largest oil-and-gas-producing basin in the U.S., but as of 2022 was also the largest operator in the Montney region, with an extensive land base in both northeast B.C. and northwest Alberta.

Dittmar made the comments just hours after the Denver-based energy giant announced it was paying about $3.3 billion in cash for 44,110 hectares in the Montney from Calgary-based Paramount Resources ...

The moves help Ovintiv to further concentrate its oil and gas exploration and production operations in the Montney and the Permian Basin in Texas and New Mexico, the key shale basins in Canada and ...

Ovintiv acquires Montney assets for $2.377B, boosting 2025 free cash flow by $300M. Uinta Basin assets sold for $2B; buybacks paused but set to resume by mid-2025. Post closure, the acquisition is ...