Linn Energy (LINE) agrees to acquire BP's Jonah Field properties in Wyoming's Green River Basin...

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

Linn Energy (LINE) agrees to acquire BP's Jonah Field properties in Wyoming's Green River Basin for $1.025B. LINE expects the properties to provide ~145M cubic ft. equivalent per day of liquids-rich natural gas production. "The long-life, low-decline characteristics of the Jonah Field make this asset an excellent fit for us," the company says.