Ovintiv to Sell ‘Noncore’ Bakken, Uinta Assets for $250 Million

Transaction Type
Williston Basin; Bakken Shale; Uinta Basin
Announce Date
Post Date
Estimated Price

To acquire, separately, portions of Ovintiv’s assets located in the Bakken and Uinta basins; Bakken assets include about 88 wells, located mainly in Richland County, MT, and Uinta assets are mature waterflood assets including about 3,000 gross vertical wells. (Expected to close 3Q 2022)