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