Announced
Completed
Financials
Sources
Tags
Cross Border
Acquisition
hydrocarbons
Private
Friendly
Renewable Energy Equipment
Majority
Private Equity
United States
Single Bidder
Completed
Synopsis
EnCap-backed Grayson Mill Bakken, an exploration and production company, completed the acquisition of the Bakken assets of Ovintiv, a hydrocarbon exploration and production company, for $825m. "The sale of our Bakken asset is aligned with our track record of unlocking significant value from non-core assets while high grading our portfolio and extending inventory runway in our core areas. We are grateful for the hard work of our Bakken team and pleased to receive full value for the asset," Brendan McCracken, Ovintiv President and CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.