Linn Energy Announces Unitholder Approvals
HOUSTON, Jan 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Linn Energy, LLC (Nasdaq: LINE) announced today that at a Special Meeting of Unitholders, its unitholders approved the one-for-one conversion of each of its 9,185,965 outstanding Class B units into units. Additionally, the Company's unitholders approved an amendment to Linn Energy's Long-Term Incentive Plan, which increases the total number of units authorized to be issued as restricted units under the plan. Holders of more than 99% of the units voting on each proposal voted in favor of approval.
ABOUT LINN ENERGY
Linn Energy is an independent oil and gas company focused on the development and acquisition of long-lived properties which complement its asset profile in producing basins within the United States. More information about Linn Energy is available on the internet at www.linnenergy.com .
SOURCE Linn Energy, LLC
Kolja Rockov, Executive Vice President and CFO, 1-281-605-4169, or Jeanine DeLay,
Manager, Investor Relations, 1-281-605-4144, both of Linn Energy, LLC