LINN Energy (LINE -0.4%) says it will fund $400M of Anadarko Petroleum’s future development...

|By:, SA News Editor

LINN Energy (LINE -0.4%) says it will fund $400M of Anadarko Petroleum’s future development costs in Wyoming's giant Salt Creek oil field in exchange for a 23% interest in the CO2-enhanced oil recovery project. Salt Creek averaged 10,800 bbl/day of oil in March, and LINE believes further development will double production by 2015.