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  • Gardere Represents BP in Sale of Hugoton Basin Properties to LINN Energy, LLC
  • March 08, 2012
  • Gardere Wynne Sewell LLP represented BP America Production Company in the sale of its Hugoton Basin properties in Kansas to an affiliate of LINN Energy, LLC.

    Gardere Wynne Sewell LLP represented BP America Production Company (NYSE:BP) in its $1.2 billion sale of Hugoton Basin properties to an affiliate of LINN Energy, LLC (Nasdaq:LINE) in a transaction that was signed Feb. 28, 2012. Included in the sale are the Jayhawk gas processing plant located in Hugoton, Kan., and BP's interest in approximately 2,400 wells in the Hugoton natural gas field. Completion of the sale remains subject to customary regulatory approvals and conditions. The acquisition is...
  • View more at: http://www.1888pressrelease.com/gardere-represents-bp-in-sale-of-hugoton-basin-properties-to-pr-380231.html