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How Linn Energy's Swap Secures The Distribution

Linn swapped 25,000 acres of horizontal drilling acreage in the Permian for mature gas assets in the Hugoton with Exxon Mobil.

Linn swapped 25,000 acres of horizontal drilling acreage in the Permian for mature gas assets in the Hugoton with Exxon Mobil.

Through the deal effective June 1, Linn Energy doubled its Kansas assets.

Offer under Change of Control, Berry responsible for any remaining shares

For the full-year 2013, Linn estimates production growth of 8-10%, which remains on-track with the previous guidance provided by the company.

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