Home › UPDATE 2-Linn, Quantum Energy tie up to buy oil and gas assets
 

Keywords :   


UPDATE 2-Linn, Quantum Energy tie up to buy oil and gas assets

2015-03-24 16:04:01| Energy - Topix.net

Private equity firm Quantum Energy Partners will invest up to $1 billion in a new entity for acquisition and development of oil and gas assets that will be managed by Linn Energy LLC. Linn will be able to take a 15-50 percent direct working interest in the acquired assets, the two companies said in a joint statement on Monday. Linn's shares rose 4.5 percent in premarket trading, while its unit LinnCo LLC's shares were up 6.5 percent.

Tags: buy update energy gas

Category:Energy and Environment

Latest from this category

All news
31.05This Week in Waste: Top Stories May 27 - 31, 2024
31.05Eastman Board Elects Don Slager as New Director
31.05Upcycled Uglies Kettle Chips Celebrates Upcycling Month in June
31.05From Life Cycle Assessments to Lifelong Learning: Q&A with SCS Engineers Ketan Shah
31.05Amrep Expands East Coast Facility to Produce Automated Side Load, Front Load and Rear Load Trucks
31.05FDA, USDA, EPA Enhance Efforts to Reduce Food Loss and Waste; Welcome USAID to Interagency Collaborative
30.05Breads & Muffins Due by Aug. 1
30.05Grandparents at the Doorstep
Energy and Environment »
02.06Eastern North Pacific Tropical Weather Outlook
02.06Atlantic Tropical Weather Outlook
01.06Mining for Pearlizing Agent 
01.06The Power of Zinc Pyrithione
01.06Downward pH Drift
01.06Adding Fragrances to Hot Pours
01.06The Perils of Progress in the Search for New UV Filters
01.06This Interview Formality Jumpstarts Or Kills Your Chances Altogether
More »