Headlines: A Busy Week Of A&D Activity

In this week’s video sponsored by DNV GL: Linn Energy announced year-to-date divestitures of more than $1 billion. The latest came just this week as the company agreed to sell its remaining California properties to an undisclosed buyer for $100 million, marking its exit from the Golden State. Meanwhile, Apache Corp. agreed to sell light oil assets in Western Canada for roughly $240 million. Halcón Resources also joined the A&D mix this week as the company closed the acquisition of more than 3,600 net acres in the Delaware Basin for $88 million.

Sources:

• Linn Energy To Exit California In $100 Million Sale
• Apache Trades Up Canada Assets For Permian Capital
• Halcón Glides Through Southern Delaware Basin In A&D 'Steals'