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Exxon and Linn to swap assets

Exxon Mobil Corp. will gain assets in the Midland Basin in Texas and Linn Energy will receive interests in the Hugoton gas field in Kansas and Oklahoma.

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Rallying Permian beats anew as heart of Texas oil

The Permian Basin, which helped define the Texas oil business for 50 years then hit the skids, is back big-time, and a new government report makes the point.

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