Ovintiv Expands in Montney Shale with $2.7 Billion Deal for NuVista

Ovintiv Makes Second Montney Acquisition in a Year

Ovintiv will take over NuVista Energy, in which it is already a shareholder, in a deal worth $2.7 billion including debt. NuVista operates in the Montney shale play in Canada. The deal would add some 100,000 barrels daily of oil equivalent to Ovintiv’s total production, the buyer said in a news release. The company added that the NuVista acquisition will also provide it with a basis for further expansion in the Montney shale by giving it access …

Ovintiv expands in Montney shale with $2.7 billion deal for NuVista

Ovintiv seals $3.8-billion deal for NuVista

Move strengthens shale producer’s presence in B.C.’s Montney basin

Ovintiv to Buy Canada’s NuVista Energy for $2.7 Billion

Ovintiv to acquire NuVista Energy in $2.7 billion deal, advancing Montney growth strategy

(World Oil) – Ovintiv Inc. announced a definitive agreement to acquire Calgary-based NuVista Energy Ltd. in a cash-and-stock transaction valued at approximately $2.7 billion (C$3.8 billion), marking a major expansion of its oil-weighted position in Canada’s Montney formation. The deal, unanimously approved by both companies’ boards, is expected to close by the end of the first quarter of 2026. Under the agreement, Ovintiv will acquire all outstan

BNN Bloomberg: Ovintiv to acquire Nuvista Energy in $2.7 billion deal

Julian Klymochko, CEO of Accelerate Fintech, joins BNN Bloomberg to discuss the Ovintiv-Nuvista merger, expected to close on Q1 2026. To watch the interview, please click here, or click the video player below.