Why Buying Double Eagle Does (and Doesn’t) Make Sense for Ovintiv / Latest / By mark Proceeds from an Ovintiv divestiture in the Uinta Basin could help fund a deal for Double Eagle’s Midland Basin assets, but analysts say the money could just as easily be used for debt reduction. Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Related