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One-Page Deal Sheet

Dominion Resources Sells Mid-Continent Properties to Linn Energy for 2.05 Billion

Linn Energy, Inc Dominion Resources, Inc.
AnnouncedAug 1, 2007
TypeProperty
Announced Date
August 01,2007
Close Date
August 31,2007
Transaction Type
Property
Enterprise Value (EV)($MM)
2050




Snapshot
Asset/Basin:
{Mid-Continent}
% Oil:

Proved Reserves

Location
Region
Mid-Continent

Country
United States

State
Oklahoma

Production & Reserves
Reserves


Transaction Details:  Subscribe to see

Linn Energy, LLC announced today that it has signed a definitive purchase agreement to acquire certain oil and gas properties in the Mid-Continent from Dominion Resources, Inc. for a contract price of $2.05 billion, subject to customary purchase price adjustments. These properties provide a balanced portfolio of long-life producing reserves and high quality resource and exploitation plays that will complement Linn Energy's current assets and development strategy. In addition, these assets are managed by an experienced staff, located in Oklahoma City and in several field offices. Linn Energy…

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