FourPoint Resources, Quantum Capital and Kayne Anderson to acquire the Uinta Basin assets of Ovintiv for $2bn.

Private exploration and production company FourPoint Resources, Quantum Capital and Kayne Anderson to acquire the Uinta Basin assets of Ovintiv, an oil and gas company, for $2bn. “The opportunity to partner with Quantum and Kayne Anderson, two of the premier private equity firms in energy, will allow our team to immediately begin the work to grow production, cash flow and create value on one of the highest quality, inventory-rich assets in the Lower 48,” George Solich, FourPoint Chairman and CEO.