Linn Energy (LINE +1.1%) discloses a $400M joint venture with Anadarko (APC -0.4%) to develop...

|About: Linn Energy, LLC (LINEQ)|By:, SA News Editor

Linn Energy (LINE +1.1%) discloses a $400M joint venture with Anadarko (APC -0.4%) to develop the Salt Creek Oil field in Wyoming. Under the terms of the deal, Linn receives a 23% interest in the project in exchange for putting up $400M in development costs.