"Vinson & Elkins Advises NuVista Energy on $3.8 Billion Acquisition by Ovintiv"

"Vinson & Elkins LLP advised NuVista Energy Ltd. in its definitive arrangement with Ovintiv Inc., where Ovintiv Canada ULC will acquire all outstanding shares of NuVista for approximately $3.8 billion CAD, including debt. The transaction is expected to close in the first half of 2026."

Vinson & Elkins LLP advised NuVista Energy Ltd. in connection with its definitive arrangement with Ovintiv Inc. and Ovintiv Canada ULC. The transaction involves Ovintiv Canada ULC agreeing to acquire all issued and outstanding common shares of NuVista Energy Ltd. not already owned by Ovintiv or its affiliates. The deal values NuVista at approximately $3.8 billion CAD, including the assumption of NuVista’s net debt, and is expected to close in the first half of 2026. The Vinson & Elkins team was led by partners Matt Strock and Alex Robertson, with assistance from associate Chaudhry Hameed. Other key team members include partner David Peck and counsel Allyson Seger; partner Kara Kuritz; partners Doug McWilliams, Jackson O’Maley, and Bryan Loocke; partner Jennifer Cornejo and Jacob Baltzegar.

"Vinson & Elkins Advises NuVista Energy on $3.8 Billion Acquisition by Ovintiv"

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