Post Tagged with: "LINN Energy"

Roan Resources (stock ticker: ROAN), an independent oil and natural gas company based out of Oklahoma City,Merge, SCOOP and STACK producer Roan Resources, Inc. (stock ticker: ROAN) said it expects 2Q production to exceed 50 MBOEPD,- Oil & Gas 360

Roan Resources Raises 2Q Guidance to 50 MBOEPD      

By Bevo Beaven, Editor, Oil & Gas 360
Merge, SCOOP and STACK producer Roan Resources, Inc. (stock ticker: ROAN) said it expects 2Q production to exceed 50 MBOEPD, which compares to adjusted guidance of approximately 49 MBoe/d, when accounting for

LINN Energy and Roan Holdings to Combine Interests into New Pure Play: Roan Resources, Inc.

LINN Energy and Roan Holdings to Combine Interests into New Pure Play: Roan Resources, Inc.

LINN Energy and Roan Holdings Announce Definitive Agreement to Combine 100% of Their Interests in Roan LLC Into a New Publicly Traded Pure Play Company, Roan Resources, Inc.

LINN Energy Completes Spin-Off of Riviera Resources, Names New CEO

LINN Energy Completes Spin-Off of Riviera Resources, Names New CEO

LINN Energy, Inc. (OTCQB: LNGG) completed the spin-off of Riviera Resources, Inc., leaving Riviera as now an independent reporting company trading on the OTC Market under the ticker symbol “RVRA.”

LINN stockholders who held LINN common stock on August 3, …

LINN Energy Board Approves Spin-Off of Riviera

LINN Energy Board Approves Spin-Off of Riviera

LINN Energy, Inc. (OTCQB:LNGG) announced that its Board of Directors has unanimously approved the previously announced spin-off of Riviera Resources, Inc. from LINN.

Following the Spin-Off and the transactions contemplated thereby, for each share of LINN common stock held on …

LINN Energy: Executive Departures and New Leadership

LINN Energy: Executive Departures and New Leadership

LINN Energy, Inc. (ticker: LNGG) has updated its plan to spinoff into three companies, and has provided more detail as to who will lead the branched-off companies.

Riviera Resources formed, OTC ticker RVRA

LINN Energy’s board has formed Riviera Resources, …

Silverpeak is Buyer of Uinta Basin Assets from Linn Energy

Silverpeak is Buyer of Uinta Basin Assets from Linn Energy

Silverpeak, a New York-based multi-strategy investment platform, announced it was the buyer in a $132 million acquisition of certain assets in the Uinta Basin from LINN Energy, Inc. (ticker: LNGG). LINN announced the sale of the properties in January. The …

April 6, 2018 - 12:54 pm Closing Bell Story‎, Oil and Gas 360 Articles, People
LINN Energy Debt Free, Outlines Plan to Split into Three Companies

LINN Energy Debt Free, Outlines Plan to Split into Three Companies

LINN Energy, Inc. (ticker: LNGG) reported its 2017 results today and provided details on its announced split into three entities.

“Through our successful divestiture program of almost $2.0 billion, we have extinguished all our debt, executed on our share repurchase …

LINN Energy to Sell Altamont Bluebell Field for $132 Million

LINN Energy to Sell Altamont Bluebell Field for $132 Million

LINN Energy, Inc. (ticker: LNGG) has signed a definitive agreement to sell its interest in properties located in the Altamont Bluebell Field to an undisclosed buyer for a contract price of $132 million.

The properties to be sold consist of …

LINN Energy Sells Oklahoma Waterflood and Texas Panhandle Properties for $122 Million

LINN Energy Sells Oklahoma Waterflood and Texas Panhandle Properties for $122 Million

LINN Energy, Inc. (ticker: LNGG) announced that it has signed a definitive agreement to sell its Oklahoma Waterflood and Texas Panhandle properties to an undisclosed buyer for a contract price of $122 million, subject to closing adjustments.

The combined properties …

LINN Energy Sells Washakie Properties for $200 Million, Increases Share Buyback to $400 Million

LINN Energy Sells Washakie Properties for $200 Million, Increases Share Buyback to $400 Million

LINN Energy, Inc. (ticker: LNGG) entered an agreement to sell its interest in properties located in Wyoming to an undisclosed buyer for a contract price of $200 million, the company said in a press release.

The properties to be sold …

Linn Energy Files, Pushing Oil & Gas Bankruptcies to $11.8 Billion this Week

Linn Energy Files, Pushing Oil & Gas Bankruptcies to $11.8 Billion this Week

Linn Energy files bankruptcy with $9.4 billion in debt on the balance sheet

The total dollar amount of oil and gas bankruptcies grow substantially this week when Linn Energy (Ticker: LINE) announced that it has filed for Chapter 11 on

May 12, 2016 - 6:49 pm Closing Bell Story‎, MLPs, Oil and Gas 360 Articles
The Rise and Fall of Linn Energy

The Rise and Fall of Linn Energy

From a $261 million IPO, to a top-20 publicly traded E&P, to possible bankruptcy

Linn Energy (ticker: LINE, LinnEnergy.com) became one of the largest publicly-traded U.S. E&P companies over the course of its now 13 years of operations. Started …

March 16, 2016 - 4:28 pm Closing Bell Story‎, MLPs, Oil and Gas 360 Articles
Linn Energy Sells Remaining Wolfcamp Acreage for $281 Million, Finalizes $1.5 Billion in Strategic Alliances

Linn Energy Sells Remaining Wolfcamp Acreage for $281 Million, Finalizes $1.5 Billion in Strategic Alliances

LINN Energy Announces Sale of Remaining Permian Basin Wolfcamp Acreage for $281 Million

LINN Energy, LLC (NASDAQ:LINE) (“LINN” or the “Company”) and LinnCo, LLC (NASDAQ:LNCO) (“LinnCo”) announced today that LINN has signed a definitive agreement to sell its remaining position …

July 6, 2015 - 5:00 pm MLPs
LINN: Production Growth, Smaller CapEx

LINN: Production Growth, Smaller CapEx

LINN Energy reported Q1’15 results, increased production

LINN Energy (ticker: LINE) reported its first quarter results today, growing production despite a 65% decrease in 2015 capex compared to 2014. The company’s production increased by 2% to approximately 1,201 MMcfe/d, according

April 30, 2015 - 5:33 pm MLPs, Oil and Gas 360 Articles
LINN Energy Announces $1 Billion Strategic Acquisition Alliance

LINN Energy Announces $1 Billion Strategic Acquisition Alliance

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 …

March 24, 2015 - 6:57 pm Mergers & Acquisitions, MLPs, Oil and Gas 360 Articles