BRIEF-Paramount Resources Announces $3.325 Billion Asset Sale

Reuters2024-11-14

Nov 14 (Reuters) - Ovintiv Inc :

* PARAMOUNT RESOURCES LTD. ANNOUNCES $3.325 BILLION ASSET SALE

* PARAMOUNT RESOURCES LTD: OVINTIV WILL ACQUIRE PARAMOUNT'S KARR, WAPITI AND ZAMA PROPERTIES

* PARAMOUNT RESOURCES: INTENDS TO MAINTAIN MONTHLY DIVIDEND AT CURRENT LEVEL UNTIL CLOSING OF DEAL

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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