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Business 26 Mar 2021 | 7:00 AM

Ovintiv to sell Eagle Ford assets for US$880mil

BENGALURU: Debt-ridden Ovintiv Inc said it will sell its Eagle Ford assets in Texas to Validus Energy for US$880mil (RM3.65bil), as the oil and gas producer seeks to shore up its finances following a tumultuous year for the energy industry.