Cline Shale News

http://www.readbag.com/searchanddiscovery-documents-2011-20110allan-ndx-allan I will go with Exxon on this one. What sold me was Belridge had the tightest density of any U.S. field in 1990. Heck of a field. Google what Shell paid for Belridge in 1979.

Earnest said:

Been quiet here lately. Thought I’d add something to the discussion.

The question… Is this a good move for LINN or Exxon?

LINN Energy trading Permian acreage to Exxon for acreage on the South Belridge Field in California and some interest in oil field in the Hugoton gas field in Kansas and Oklahoma.

Permian acreage includes Midland, Martin, Andrews, Ector and Howard.

http://www.ogfj.com/articles/2014/09/exxonmobil-increases-wolfcamp-position-in-permian-basin.html

http://files.shareholder.com/downloads/LINE/3498270234x0x782457/82AFBB11-37A8-4E24-A0A2-243B9510BA0C/Supp_Slides_vFINAL.pdf