LINN Energy's Business Plan In The Bakken

From an earlier post, Motley Fool is reporting:

A typical Bakken well will continue to produce oil for the next 45 years. Over those years the well will likely switch hands as the steep initial decline rates could force producers to sell wells to an MLP such as LINN Energy. In 2011, the company acquired Concho Resources assets in the Bakken, which included non-operated oil wells and an interest in 400 potential future drilling locations. LINN, which typically acquires mature assets, is positioning itself to consolidate Bakken wells once producers, such as its partners in these wells, are ready to cash out. 

Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you read here.  

Pays 8.8%.

MLP.

Watch for MLP conference this week.