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In September 2013, the company acquired assets in the Permian Basin for $525 million. [8] In June 2014, the company acquired assets from Devon Energy for $2.3 billion. [9] In August 2014, the company acquired assets in the Hugoton Natural Gas Area from Pioneer Natural Resources for $340 million.
About LINN Energy. In the second quarter of 2018, Old Linn and certain of its subsidiaries undertook an internal reorganization, pursuant to which: (i) on July 25, 2018, Old Linn merged with and into Linn Merger Sub #1, LLC (“ Riviera. Merger Sub ”), a wholly owned subsidiary of New LINN Inc. (subsequently renamed Linn Energy, Inc. and ...
25 Φεβ 2013 · The $4.3 billion tie-up of Linn Energy LLC and its LinnCo LLC unit with Berry Petroleum Co., announced Thursday, will create one of the largest exploration and production (E&P) companies in...
Founded in 2003 and headquartered in Houston Texas, LINN Energy raised approximately $261 million through its initial public offering (IPO) in January 2006 and had an initial equity market capitalization of approximately $584 million.
21 Φεβ 2013 · LINN Energy, LLC (Nasdaq:LINE), LinnCo, LLC (Nasdaq:LNCO) and Berry Petroleum Company (NYSE:BRY) today announced the signing of a definitive merger agreement pursuant to which LINN and...
24 Μαρ 2015 · 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...
LINN Energy has acquired 4 companies. A total of 2 acquisitions came from private equity firms. It has also divested 4 assets. LINN Energy’s largest acquisition to date was in 2013, when it acquired Berry Petroleum Company for $4.3B.