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Linn Energy has sold more than $1.8 billion in assets as it prepares to divide into three companies, including one in the Oklahoma Stack.
Total E&P USA Oil Shale LLC will exit an oil shale project in eastern Utah after reaching an agreement with development partner Red Leaf Resources Inc., the companies said March 31.
PetroQuest sold the assets to Northstar Offshore, a company controlled by billionaire Tom Clarke whose previous acquisitions include coal mines and were designed to offset harm to the environment.