Real Assets
Houston's Linn Energy it's selling its West Texas assets for nearly $120 million so the formerly bankrupted enterprise can focus on its oil and gas developments in Oklahoma. Linn said it is unloaded about 28,000 acres in mature West Texas oil fields to an undisclosed buyer for $119.5 million. Linn, a former darling of Wall Street, represented one of the largest bankruptcy casualties of the recent oil bust. But a smaller Linn was created last year and it's now opting to focus on its Roan Resources business in Oklahoma.

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