Newly Branded Ovintiv Brandishes Lower Drilling Costs, Higher Cash Flow To Validate Anadarko Basin Buy

Oklahoma’s Anadarko Basin has been a challenging play, one that has sent some small explorers into bankruptcy and caused investment to flee. But by applying its extensive knowledge and experience to the basin’s Stack and Scoop fields, Ovintiv Inc. says it has now unlocked the acreage it acquired in the $5.5 billion acquisition of Newfield Exploration Co. in 2018.

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