Acquiring Company
Ovintiv
Acquired Company
Logan Energy
Denver
CalgaryEnergyEnergyOil And GasDescription
Ovintiv Inc. has agreed to purchase Logan Energy Corp. in a $1.26-billion deal that includes assumed debt. The acquisition is expected to add about 20,000 barrels of oil equivalent per day of Montney production. Logan Energy shareholders will receive $1.40 per share in cash plus shares and warrants in a new company, Logan Oil. The deal is expected to close early next year, subject to shareholder, court and regulatory approval.
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Frequently asked
Who acquired Logan Energy?
Logan Energy was acquired by Ovintiv, based in Denver. The deal was reported on October 27, 2026. Ovintiv Inc. is a leading multinational professional services network with extensive experience in the energy industry. Ovintiv is publicly traded (OVV) and operates in Energy.
When did Ovintiv acquire Logan Energy?
Ovintiv's acquisition of Logan Energy was reported on October 27, 2026. Ovintiv Inc. has agreed to purchase Logan Energy Corp. in a $1.26-billion deal that includes assumed debt. The acquisition is expected to add about 20,000 barrels of oil equivalent per day of Montney production. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Logan Energy do?
Logan Energy Corp. is a company based in Calgary, Alberta, and is involved in the energy sector. It is listed on the TSX Venture Exchange under the symbol LGN. It is privately held, operating in Energy, and is based in Calgary.
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