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Linn Energy Announces Cash Distribution
07/28/08
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HOUSTON, Jul 28, 2008 (PrimeNewswire via COMTEX News Network) -- Linn Energy, LLC (Nasdaq:LINE) announced today a cash distribution for the second fiscal quarter of 2008 of $0.63 per unit, or $2.52 per unit on an annualized basis, for all of its outstanding units. The distribution will be payable on August 14, 2008 to unitholders of record at the c...
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Linn Energy Closes Sale of Appalachian Properties
07/01/08
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HOUSTON, Jul 1, 2008 (PrimeNewswire via COMTEX News Network) -- Linn Energy, LLC (Nasdaq:LINE) today announced that it has closed the previously announced sale of its oil and gas properties in the Appalachian Basin to XTO Energy Inc. (NYSE:XTO) for the contract price of approximately $600 million.
We have achieved another important step in optimi...
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Linn Energy Prices $256 Million of Senior Notes
06/24/08
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HOUSTON, Jun 24, 2008 (PrimeNewswire via COMTEX News Network) -- Linn Energy, LLC (Nasdaq:LINE) and its subsidiary, Linn Energy Finance Corp., announced today a private offering to eligible purchasers of $256 million in aggregate principal amount of 9 7/8% senior unsecured notes due 2018 at an offering price equal to 97.684% of par. Linn Energy int...
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Linn Energy Announces $400 Million Private Offering of Senior Notes
06/16/08
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HOUSTON, June 16, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) and its subsidiary, Linn Energy Finance Corp., announced plans to commence a private offering to eligible purchasers of $400 million in aggregate principal amount of senior unsecured notes due 2018. Linn Energy intends to use the net proceeds of the proposed offering to repay...
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Linn Energy to Sell Verden Assets in Oklahoma to Laredo Petroleum for $185 Million;
Retains the Option to Participate in Future Drilling
06/03/08
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HOUSTON, June 3, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that it has agreed to sell certain of its assets in the Verden area in Oklahoma to Laredo Petroleum, Inc. for cash consideration of $185 million, subject to closing adjustments. The assets include approximately 50,000 net acres and proved reserves, as estimated...
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Linn Energy Hires New Chief Accounting Officer
05/22/08
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HOUSTON, May 22, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that, effective June 9, 2008, David B. Rottino will be joining Linn Energy as Senior Vice President and Chief Accounting Officer. Mr. Rottino has over 15 years of oil and gas accounting experience and is coming to Linn Energy from El Paso Corporation where he w...
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Linn Energy Announces Record Results in First Quarter 2008
05/08/08
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HOUSTON, May 8, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today financial and operating results for the quarter ended March 31, 2008 and its outlook for the remainder of the year. The Company highlights the following:
* Record average production of 220.3 million cubic feet of natural
gas equivalent per d...
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Linn Energy Announces First Quarter 2008 Conference Call
04/29/08
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HOUSTON, April 29, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that management will host a conference call on Thursday, May 8, 2008 at 11:00 AM Eastern Time to discuss the Company's first quarter 2008 results and its outlook for the remainder of the year. Prepared remarks by Michael C. Linn, Chairman and Chief Executive ...
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Linn Energy Announces Cash Distribution
04/28/08
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HOUSTON, Apr 28, 2008 (PrimeNewswire via COMTEX News Network) -- Linn Energy, LLC (Nasdaq:LINE) announced today a cash distribution for the first fiscal quarter of 2008 of $0.63 per unit, or $2.52 per unit on an annualized basis, for all of its outstanding units. The distribution will be payable on May 14, 2008 to unitholders of record at the close...
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Linn Energy to Sell All of Its Interests in the Appalachian Basin,
Including Its Marcellus Shale Acreage, to XTO Energy for $600 Million
04/15/08
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HOUSTON, April 15, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that it has agreed to sell all of its interests in oil and gas properties in the Appalachian Basin, including its Marcellus Shale acreage, to XTO Energy Inc. (NYSE:XTO) for cash consideration of $600 million, subject to closing adjustments. The Company will u...
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Linn Energy to Host Analyst Day On April 17, 2008
04/02/08
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HOUSTON, April 2, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that it will host its first Analyst Day presentation in New York City, New York on April 17, 2008 from 9:00 a.m. to approximately 12:00 p.m. (EDT). A live audio webcast of the presentation and accompanying slides will be made available through the ...
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Linn Energy to Present At the IPAA OGIS Conference On April 7, 2008
04/01/08
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Click here for webcast HOUSTON, April 1, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that Michael C. Linn, its Chairman and Chief Executive Officer, will present at the Independent Petroleum Association of America's 2008 Oil & Gas Investment Symposium conference on April 7, 2008 at 10:00 a.m. (EDT) at the She...
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Linn Energy Announces Fourth Quarter and Year-End 2007 Results and Future Outlook;
2007 Adjusted EBITDA Growth of 306 Percent and Drill Bit Reserve Replacement of 269 Percent
02/28/08
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HOUSTON, Feb. 28, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today financial and operating results for the quarter and year ended December 31, 2007 and its outlook for 2008.
The Company highlights the following achievements for the fourth quarter 2007 as compared to the third quarter 2007:
* Increas...
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Linn Energy Announces Fourth Quarter 2007 Earnings Conference Call
02/20/08
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HOUSTON, Feb. 20, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that management will host a conference call on Thursday, February 28, 2008 at 11:00 AM Eastern Time to discuss the Company's fourth quarter and year-end 2007 results and its outlook for 2008. Prepared remarks by Michael C. Linn, Chairman and Chief Executive Of...
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Linn Energy Closes Lamamco Acquisition
01/31/08
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HOUSTON, Texas, Jan. 31, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that it has closed its previously announced acquisition of certain oil and gas properties from Lamamco Drilling Company for a contract price of $552 million, subject to post-closing adjustments. "These are excellent MLP assets which compleme...
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Linn Energy Announces 10.5 Percent Increase in Cash Distribution
01/30/08
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HOUSTON, Jan. 30, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today a cash distribution for the fourth fiscal quarter of 2007 of $0.63 per unit, or $2.52 per unit on an annualized basis, for all of its outstanding units. This distribution represents a 10.5% increase over Linn Energy's distribution for the third fiscal quarter ...
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Linn Energy to Present At the IPAA OGIS MLP Conference On January 17, 2008
01/16/08
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HOUSTON, Jan. 16, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that Michael C. Linn, its Chairman and Chief Executive Officer, will present at the Independent Petroleum Association of America's 2008 Oil & Gas Investment Symposium for Master Limited Partnerships on Thursday, January 17, 2008 at 9:30 a.m. Central Time at Th...
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Linn Energy to Acquire Oil and Gas Properties From Lamamco Drilling Company For $552 Million
12/21/07
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HOUSTON, Dec. 21, 2007 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that it has signed a definitive purchase agreement to acquire certain oil and gas properties located primarily in the Mid-Continent from Lamamco Drilling Company for a contract price of $552 million, subject to purchase price adjustments. The Company antici...
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Omega Purchases All Remaining Linn Energy Units Held by Quantum Energy Partners
12/13/07
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HOUSTON, Dec 13, 2007 (PrimeNewswire via COMTEX News Network) -- Linn Energy, LLC (Nasdaq:LINE) announced today that Omega Advisors Inc. ("Omega") purchased all remaining units of Linn Energy previously held by Quantum Energy Partners II, LP ("Quantum") in the open market on December 12, 2007. Quantum was the initial private equity investor in L...
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Linn Energy Appoints Mark E. Ellis as President
12/13/07
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HOUSTON, Dec. 13, 2007 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that Mark E. Ellis has been appointed as President and will serve as President and Chief Operating Officer. As President, Mr. Ellis succeeds Michael C. Linn who will continue to hold the positions of Chairman and Chief Executive Officer.
"For ov...
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