LINN Energy closes sale of remaining Wolfcamp acreage (Scandinavian Oil-Gas Magazine)

LINN Energy closes sale of remaining Wolfcamp acreage

Published Sep 2, 2015

LINN Energy, LLC and LinnCo, LLC says that LINN has closed the previously announced sale of its remaining position in Howard County in the Permian Basin for a contract price of approximately $281 million, subject to pre- and post-closing purchase price adjustments.

The properties sold include approximately 6,400 net acres prospective for horizontal Wolfcamp drilling and approximately 2.0 MBoe/d of current production from 133 gross wells.

Tags: Linn Energy

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