Ovintiv Inc. has completed its acquisition of NuVista, adding approximately 930 net 10,000-foot equivalent well locations and roughly 140,000 net acres to its Montney operations. Production from the acquired assets is expected to average about 100,000 barrels of oil equivalent per day. The transaction, which was strongly supported by NuVista shareholders, is part of Ovintiv's strategy to streamline its portfolio, including the planned divestiture of its Anadarko assets. This move is expected to enhance Ovintiv's inventory in the Permian and Montney oil plays and help the company meet or exceed its debt target. Ovintiv shares issued in connection with the NuVista acquisition are listed on the New York Stock Exchange and have been conditionally approved for listing on the TSX.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ovintiv Inc. published the original content used to generate this news brief on February 03, 2026, and is solely responsible for the information contained therein.