Clusterstock  Jul 13  Comment 
This week: A rough week for Blue Apron and Snap both of which went public in 2017. Blue Apron went public at the end of June, at $10 a share, and has been slowly declining since. This week, Northcoast Research published the first Wall...
The Hindu Business Line  Jul 9  Comment 
Last lap pace The GST rollout is being keenly watched by domestic as well as foreign players doing business in India. And everyone seems to have a view on it. Talking about the preparedness to GST...
Clusterstock  Jun 29  Comment 
This week: Warren Buffett invested $377 million in REIT Store Capital which caused the stock to rise 11% on the news. This REIT has a portfolio of leases that are primarily held by services companies that require human interaction. These types...
Cellular News  Jun 26  Comment 
LINE Corporation (NYSE:LN) (TOKYO:3938) (Headquarters: Shinjuku-ku, Tokyo, Japan; President andamp; CEO: Takeshi Idezawa; "the Company") announces that it determined at its board meeting held today the terms and conditions of...
The Hindu Business Line  Jun 25  Comment 
Midnight gong The Government may be getting ready for a grand launch of the ambitious Goods and Services Tax at midnight June 30-July 1, but some sections of trade and industry do not seem very hap...

Linn Energy is an independent oil and gas company focused on the development and acquisition of long life properties in the United States. They operate in the following regions:

Mid-Continent – core operating areas in the Texas Panhandle and Oklahoma; and

Western – the Brea Olinda Field of the Los Angeles Basin in California.

From inception through January 2008, they completed 24 acquisitions of working or royalty interests in oil and gas properties and related gathering and pipeline assets. In total, they acquired proved reserves from working interests of approximately 1.9 Tcfe at an acquisition cost of approximately $2.11 per Mcfe.

They current total proved reserves of approximately 1.7 Tcfe, which are 50% gas, 35% oil and 15% NGLs, and have a long reserve life index of approximately 21 years. In addition, they have more than 7,200 producing oil and gas wells and over 4,100 drilling locations.

Linn is are focused on developing its reserve base, increasing acreage positions and evaluating potential opportunities to acquire additional oil and gas properties which complement their asset profile in mature producing basins across the United States.


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