Ovintiv Spent About $460 Million on Acreage. Most of It Still Has to Be Drilled
On August 26 Ovintiv said its 2026 ground game has more than 60 deals for about 41,000 net acres in the Montney and Permian at about $460 million. That is 240 net 10,000-foot locations. Remaining closes are aimed at year-end. The company reports in U.S. dollars. These are inventory adds, not a production raise.