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BRIEF-Linn Energy announces exit from California with Brea asset sale of $100 mln
June 7, 2017 / 11:19 AM / 6 months ago

BRIEF-Linn Energy announces exit from California with Brea asset sale of $100 mln

June 7 (Reuters) - Linn Energy Inc:

* Linn Energy announces exit from California with Brea asset sale of $100 million

* Linn Energy Inc - agreement to sell its interest in properties located in Los Angeles basin to an undisclosed buyer for a contract price of $100 million

* Linn Energy Inc - net proceeds from sale will be used, in part, to fund recently announced share repurchase program Source text for Eikon: Further company coverage:

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