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E&P MLP giant LINN’s signs letter of intent with Quantum Energy Partners
LINN Energy (ticker: LINE) announced the signing of a non-binding letter of intent with private capital investor Quantum Energy Partners, the founding investor in LINN, to fund selected future oil and natural gas acquisitions and development on those acquired assets.

Quantum has agreed to initially commit up to $1 billion of equity capital to fund acquisitions and development of oil and natural gas assets, according to the press release. The $1 billion of capital,...

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