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January 23, 2026
Kirkland Advises Ovintiv on Sale of Uinta Basin Assets to FourPoint Resources for $2 Billion
1 min
AI-made summary
- Kirkland & Ellis represented Ovintiv Inc
- in a definitive agreement to sell nearly all of its Uinta Basin assets in Utah to FourPoint Resources, LLC, for approximately $2 billion in cash
- The transaction is anticipated to close by the end of the first quarter of 2025, pending customary closing conditions and adjustments
- The Kirkland legal team included specialists in corporate, debt finance, and tax law.
Kirkland & Ellis advised Ovintiv Inc. (NYSE, TSX: OVV) on its definitive agreement to sell substantially all its Uinta Basin assets located in Utah, to FourPoint Resources, LLC, for total cash proceeds of approximately $2 billion. The transaction is expected to close by the end of the first quarter of 2025, subject to the satisfaction of customary closing conditions and customary closing adjustments. Read Ovintiv’s press release The Kirkland team included corporate lawyers David Castro Jr., Lindsey Jaquillard, Kyle Watson, Jarrod Gamble, Chelsea Daku, Mohammad Alkadhem and Alexandra David; debt finance lawyer Jordan Roberts; and tax lawyer Mark Dundon.
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