Houston-based Linn Energy LLC Nasdaq: LINE and LinnCo LLC Nasdaq: LNCO said Oct. 3 that Linn has two separate deals to sell $2.3 billion of assets in Texas and western Oklahoma.The proceeds are expected to finance Linn’s $2.3 billion acquisition of assets from Oklahoma City-based Devon Energy Corp. NYSE: DVN, which closed in August.In one transaction, Linn will sell its entire position in the Granite Wash and Cleveland plays in the Texas Panhandle and western Oklahoma to privately held institutional affiliates of Houston-based EnerVest Ltd. for $1.95 billion. Additionally, Linn will sell its Wolfberry positions in Ector and Midland counties in the Permian Basin to Dallas-based Fleur de Lis Energy LLC for $350 million.
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