Black Swan Oil and Gas LLC

Ovintiv Midland Basin Assets Acquisition - Financing

Borrower(s)
Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

$825 million term loan facility in connection with Ovintiv’s acquisition of assets from Black Swan Oil & Gas, LLC, PetroLegacy II Holdings, LLC, Piedra Energy III Holdings, LLC and Piedra Energy IV Holdings, LLC.

Deal Volume
$825m
Financial Close
26/04/2023
Dealmakers
Sources
Submitted by participant(s),

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Tranches

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Project Deals

Black Swan Oil And Gas Assets
$1.43bn
Greenfield
Oil - Upstream (Exploration and production)
North America
North America
United States
Piedra Resources Assets
$1.43bn
Greenfield
Oil - Upstream (Exploration and production)
North America
North America
United States
PetroLegacy Energy Assets
$1.43bn
Greenfield
Oil - Upstream (Exploration and production)
North America
North America
United States