Ovintiv 完成 $4.2B Midland Basin 收购,退出 Bakken

Ovintiv 于 6 月 12 日表示,该公司完成了之前宣布的 42 亿美元对米德兰盆地 (Midland Basin) 的收购,该收购毗邻其目前在二叠纪盆地的业务,并出售了其在巴肯 (Bakken) 的全部资产。

哈特能源员工

Ovintiv Inc. 于 6 月 12 日完成了之前宣布的对米德兰盆地核心资产的收购,增加了约 1,050 个净 10,000 英尺井位和 65,000 净英亩土地——大部分是与该公司二叠纪盆地业务相邻的未开发土地。

这项价值 42.75 亿美元的现金加股票交易包括 EnCap Investments LP 投资组合公司 Black Swan Oil and Gas、PetroLegacy Energy 和 Piedra Resources 的几乎所有租赁权益和相关资产。


相关: Ovintiv 发行优先票据为 4.2B 美元二叠纪交易提供资金


Ovintiv 还完成了之前宣布的以 8.25 亿美元的价格将威利斯顿盆地 Bakken 投资组合以全现金出售给 EnCap 投资组合公司 Grayson Mill Bakken LLC 的交易。

该公司表示,这两项交易将提高资本效率15%,每股现金回报率提高25%以上。

作为交易的一部分,Ovintiv 将发行约 3180 万股普通股,低于交易最初公告中估计的 3260 万股。

Ovintiv 也将于 6 月 20 日开盘前被纳入 S&P 400 指数。

Ovintiv 预计到 2024 年,公司石油和凝析油总产量将超过 20 万桶/日,总资本投资将达到 21 亿至 25 亿美元。

原文链接/hartenergy

Ovintiv Completes $4.2B Midland Basin Buy, Bakken Exit

Ovintiv closed its previously announced $4.2 billion Midland Basin acquisition adjacent to its current operations in the Permian, as well as the sale of the entirety of its Bakken position, the company said on June 12

Hart Energy Staff

Ovintiv Inc. closed the previously announced acquisition of core Midland Basin assets on June 12, adding approximately 1,050 net 10,000 ft well locations and 65,000 net acres — mostly undeveloped land adjacent to the company’s Permian Basin operations.

The $4.275 billion cash-and-stock transaction includes almost all the leasehold interest and related assets of EnCap Investments LP portfolio companies Black Swan Oil and Gas, PetroLegacy Energy and Piedra Resources.


RELATED: Ovintiv Offering Senior Notes to Fund $4.2B Permian Deals


Ovintiv also closed its previously announced all-cash sale of its Bakken portfolio in the Williston Basin to EnCap portfolio company Grayson Mill Bakken LLC for $825 million.

Both transactions will enhance capital efficiency by 15% and increase cash returns per share by more than 25%, the company said.

As part of the transaction, Ovintiv will issue approximately 31.8 million shares of its common stock, down from the 32.6 million shares estimated in the initial announcement of the transaction.

Ovintiv will also be added to the S&P 400 Index effective prior to market open on June 20.

Ovintiv expects to have a total company oil and condensate production of more than 200,000 bbl/d and a total capital investment of $2.1 billion to $2.5 billion in 2024.