What happened to LINN Energy stock?
LINN Energy, LLC (LINE) and LinnCo, LLC (LNCO) were delisted from The NASDAQ stock market in May 2016 following bankruptcy proceedings, according to a release on the company’s website.
Is LINN Energy still in business?
Linn, retired. In March 2012, the company acquired the holdings of BP in the Hugoton Natural Gas Area, the large gas-producing region from southwestern Kansas into the Texas Panhandle for $1.2 billion. The purchase included 2,400 active wells on 600,000 acres and a gas processing plant.
Who bought LINN Energy?
LINN Energy and Roan Holdings Announce Definitive Agreement to Combine 100% of Their Interests in Roan LLC Into a New Publicly Traded Pure Play Company, Roan Resources, Inc. September 18, 2018 06:45 ET | Source: LINN Energy, Inc.
Who bought Riviera resources?
Houston-based Riviera Resources Inc. managed to close the sale of properties in Oklahoma. The deal, which closed Oct. 1, has Oklahoma-based Staghorn Petroleum II LLC taking control of the Oklahoma assets in exchange for $13 million, according to a filing with the U.S. Securities and Exchange Commission.
What happened to LinnCo?
The merger of Berry Petroleum Company (NYE:BRY) merger with LinnCo, LLC (Nasdaq:LNCO) and LINN Energy, LLC (Nasdaq:LINE) has closed effective December 16, 2013.
What does LINN Energy do?
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 7.3 Tcfe of proved reserves in producing U.S. basins as of December 31, 2014.
What happened to Riviera resources?
By the end of this year, the company will cease to exist. The board of directors of Riviera Resources has approved the dissolution, winding up, and liquidation of the company and adopted a plan of liquidation and dissolution, under which the Houston-based independent will cease to exist by the end of this year.
Who bought Blue Mountain midstream?
Citizen Energy’s
Shearman & Sterling advised Citizen Energy on its agreement to acquire all the equity of Blue Mountain Midstream LLC, a wholly owned subsidiary of Riviera Resources, Inc. (OTCQX: RVRA), for approximately $111 million.