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XTO, Linn swap Hugoton, Wolfcamp acreage

21.05.2014 / Energyboardroom

XTO Energy Inc., a subsidiary of ExxonMobil Corp., has agreed to acquire 26,000 acres, mostly in the Midland basin, from Linn Energy LLC in exchange for a portion of XTO’s interest in the Hugoton gas field in Kansas and Oklahoma, effective June 1. The transaction is expected to close in the third quarter.

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