Monday, April 28, 2025

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 in Howard County in the Permian Basin for a contract price of $281 million. The transaction is expected to close

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 to the company’s press release. “Production in the first quarter was positively impacted by efficient operations across our portfolio particularly

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 future oil and natural gas acquisitions and development on those acquired assets. Quantum has agreed to initially commit up to