Announced

Completed

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

Synopsis

FourPoint Resources, a private exploration and production company, Quantum Capital. a private equity investment firm, and Kayne Anderson, an alternative investment management firm , completed the acquisition of Uinta Basin assets of Ovintiv, an oil and gas company, for $2bn. "The Uinta sale builds on our track record of unlocking significant value from our non-core assets while focusing our portfolio and extending inventory runway in our core areas," Brendan McCracken, Ovintiv President and CEO.

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