Ovintiv to Acquire Logan Energy

Paul, Weiss is advising Denver-based Ovintiv, Inc., on its all-cash acquisition of Canada-based Logan Energy Corp., an oil producer in the Montney Formation in British Columbia and Alberta. Under the agreement, Ovintiv will acquire all of Logan’s outstanding shares in a transaction that values Logan at approximately $890 million. The deal is expected to close early in the first quarter of 2027, subject to approvals and customary closing conditions.

The Paul, Weiss team is led by corporate partners Laura Turano and Adam Abulawi, and includes partner Rachel Phillips.