Linn Energy, LLC (LINE)

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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.

 Linn Energy, LLC

	Select All  |  Select None Metrics Operating Income Proved Natural Gas Reserves in Cubic Feet Net Productive Gas Wells Net Productive Oil Wells Return on Capital Employed (ROCE) Oil Sales Natural Gas Sales Average Price per Barrel Average Natural Gas Price / 1000 Cubic Feet Net Income Annual Production of Oil & Liquids in Barrels Annual Production of Natural Gas in Cubic Feet Proved Oil Reserves in Barrels Net Productive Wells Cancel

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Company	Data From	Annual Production of Oil & Liquids in Barrels	Annual Production of Natural Gas in Cubic Feet	Proved Oil Reserves in Barrels	Net Productive Wells	Net Income
Encore Acquisition Company (EAC)	2007	7.34M[1]	23.5B[1]	153M[2]	2.57K[3]	$92.4M[4]
EXCO Resources (XCO)	2006	916K[5]	44.1B[5]	16.2M[6]	7.39K[7]	$139M[8]
Forest Oil (FST)	2006	8.03M[9]	73B[9]	113M[10]	3.42K[11]	$169M[12]
Goodrich Petroleum (GDP)	2006	474K[13]	13B[13]	3.2M[14]	171[15]	$1.64M[16]
Linn Energy, LLC (LINE)	2006	370K[17]	8.6B[17]	30M[18]	2.37K[19]	$79.2M[20]

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[edit] References

1. ↑ ^{1.0 1.1} EAC, 10K, Item2, pg 5
2. ↑ EAC,10K, Item2,pg 14
3. ↑ EAC,10K,Item2, pg 6
4. ↑ EAC,10K, Item8,pg 71
5. ↑ ^{5.0 5.1} XCO, 10-K for 2006, Item 7, Page 56
6. ↑ XCO, 10-K for 2006, Item 1, Page 15
7. ↑ XCO, 10-K for 2006, Item 1, Page 18
8. ↑ XCO, 10-K for 2006, Item 6, Page 48
9. ↑ ^{9.0 9.1} FST, 10K for 2006, Item 7, Page 33
10. ↑ FST, 10K for 2006, Item , Page 5
11. ↑ FST, 10K for 2006, Item 1, Page 7
12. ↑ FST, 10K for 2006, Item 8, Page 55
13. ↑ ^{13.0 13.1} GDP, 10K for 2006, Item 2, Page 9
14. ↑ GDP, 10K for 2006, Item 2, Page 6
15. ↑ GDP, 10K for 2006, Item 2, Page 7
16. ↑ GDP, 10K for 2006, Item 6, Page 21
17. ↑ ^{17.0 17.1} LINE, 10K for 2006, Item 1, Page 6
18. ↑ LINE, 10K for 2006, Item 1, Page 5
19. ↑ LINE, 10K for 2006, Item 1, Page 7
20. ↑ LINE, 10K for 2006, Item 6, Page 34