Linn Energy (LINE)

dan_s · Post by **dan_s** » Tue Mar 10, 2015 8:26 pm

An updated profile for LINE has been posted to the website.

drewsgpa · Post by **drewsgpa** » Fri Mar 13, 2015 9:17 am

LINN ordered to shut several California wells. Some 2,000 injection wells under review, half of the permits owned by Freeport and Linn Energy. Any thoughts on impact on Linn's business??
LNCO now has yield of 13%...

http://www.bloomberg.com/news/articles/ ... cmpid=yhoo

dan_s · Post by **dan_s** » Sat Mar 14, 2015 11:48 am

The order includes three wells operated by Linn Operating Inc., three by California Resources Corp., two each by E&B Natural Resources Management Corp. and Chevron Corp. and one well each operated by Modus Inc. and Western States International Inc. Modus and Western States International will receive cease-and-desist orders while the rest voluntarily relinquished their permits to inject. The two Chevron wells were idle and not active, said Don Drysdale, spokesman for the California Department of Conservation.

Zero impact on my forecast model.

dan_s · Post by **dan_s** » Sat Mar 14, 2015 11:54 am

I like the potential of Linn's creative new deal with GSO Capital Partners, which they call "DrillCo". If the concept catches on with the VC firms, it could open up a new funding method for all of the large upstream MLPs.

http://www.investopedia.com/articles/ma ... er=YahooSA

Energy Prospectus

Linn Energy (LINE)

Linn Energy (LINE)

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