T&K Client EnerVest Featured in The Wall Street Journal on Linn Energy Deal

“Linn Energy to Sell $2.3 Billion in Assets”

Linn Energy said it reached agreements to sell assets in Texas and Oklahoma for a total of $2.3 billion, as the company finances its deal to buy assets from  Devon Energy Corp.  

The company said it agreed to sell all of its holdings in the Granite Wash and Cleveland plays in western Oklahoma and the Texas panhandle to private affiliates of EnerVest Ltd. for $1.95 billion, while striking a $350 million deal to sell positions in the Permian Basin to Fleur de Lis Energy LLC.