Linn Energy Misses by 3 Cents; Acquires More Bakken Acreage -- North Dakota, USA

Link here.

Misses by 3 cents.

In same press releases, announces continued aggressive acquisition spree in the Bakken:

Independent explorer and producer Linn Energy said it agreed to purchase assets in North Dakota's Bakken shale for $163 million, continuing a buying spree of oil- and natural gas-liquids rich properties, but its quarterly profit fell below estimates.

From Houston Business Journal.com

• $163 million: an additional two sets of assets in the Bakken shale play in North Dakota
• Bringing its total acquisitions in the play this year to $238 million