Linn Energy (LINE) Completes Sale of Properties in Appalachian Basin to XTO Energy (XTO)

July 1, 2008 5:09 PM EDT

Linn Energy, LLC (Nasdaq: LINE) today announced that it has closed the previously announced sale of its oil and gas properties in the Appalachian Basin to XTO Energy Inc. (NYSE: XTO) for the contract price of approximately $600 million.

Linn Energy, LLC, through its subsidiaries, engages in the development and acquisition of gas and oil properties in the United States.


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LINE 24.73

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XTO 44.20

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