Sunday, December 26, 2010

Linn Energy (LINE): Permian Basin Update

By Andrea:

During the fourth quarter of 2010, Linn Energy LLC (LINE) announced that they closed a bolt-on acquisition of Antrim Shale properties in Michigan and expects to close a bolt-on acquisition of Permian Basin properties by the end of the year. The combined contract price of both acquisitions totals approximately $90 million.

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