Monday, July 2, 2007

Dominion to sell gas assets to Linn Energy

(Reuters) - Last November, the Richmond, Virginia-based company said it would pursue the sale of most of its exploration and production assets as part of a restructuring. Prior to the Mid-Continent deal, Dominion had agreed to sell $11.84 billion of those assets.




The sale of the Mid-Continent operations, which are primarily in Oklahoma, is expected to close by the end of the third quarter. The rest of Dominion's asset sales have closed or are scheduled to close by that time, the company said.


Read more at Reuters.com Market News

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