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Ovintiv Announces Agreement to Acquire Montney Oil Producer, Logan Energy Corp.
🇨🇦 Canada · Economy · 1 d ago
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26.10 06:45 UTC
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Ovintiv to buy Canada’s Logan Energy in Montney expansion
Ovintiv Inc. agreed to acquire Canadian oil and gas producer Logan Energy Corp. in an all-cash transaction valued at about $1.26 billion, including net debt, expanding the company’s position in the oil-rich Montney formation.
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