Linn Energy LLC $LINE
LINN Energy’s mission is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. LINN Energy is a top-20 U.S. independent oil and natural gas development company, with approximately 2.4 Tcfe of proved reserves in producing U.S. basins as of year-end 2009 (pro forma for closed and pending acquisitions in 2010).
Thanks to the steadfast commitment of our employees, LINN Energy has grown from a handful of natural gas wells in 2003 to a top-20 independent U.S. oil and natural gas development company with more than 2.4 Tcfe of proved reserves in producing U.S. basins as of year-end 2009 (pro forma for closed and pending acquisitions in 2010). Since LINN became the first publicly traded independent oil and natural gas limited liability company in January 2006, it has consistently paid a quarterly distribution to its unitholders. The Company delivered a 100 percent rate of return to unitholders in 2009 and now has 700 employees spread across more than two dozen locations in the U.S. Headquartered in Houston, Texas, the Company’s core areas of operation are the Mid-Continent, Permian Basin, California and Michigan.
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