COMPANY NEWS: Linn Energy plans three oil, gas acquisitions

01/08/2007
Linn Energy LLC has agreed to acquire a private oil and gas company in the Texas Panhandle for $415 million and two Appalachian basin properties for $39 million in three separate transactions.In other recent company news: BG Group PLC has agreed to acquire ConocoPhillips’s equity stakes in Armada and Everest fields in the Central North Sea for $143 million. UK-based Energy Resource Technology (ERT) has acquired from ExxonMobil Corp. Block 53/1a, which contains Camelot gas field in the southern UK North Sea for an undisclosed sum. OAO Lukoil agreed to buy 376 retail outlets in six European countries from ConocoPhillips. The price was not disclosed. Indian state refiner Bharat Petrole...
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