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Linn Energy, LLC (LINE) Message Board

  • sandonthebeach47 sandonthebeach47 Nov 19, 2012 8:11 PM Flag

    RLP makes it up and hopes that you believe

    Where did I say what you say that I said?

    On:
    "Then you made another specious claim about the profiltablity of their Bakken purchases , and I asked you to prove that.

    Then you tell me to listen to the Linn CC or go to to their presentations. I didn't make the claim - you did. YOU prove it."

    I do not remember saying anything about the profitability of the 3 Linn Bakken purchases.

    So,
    Cut and paste & post the exact language of what you think that I said that is this above........

    Show us.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • From October 9, 2012 (SOB)::

      "They both (Bakken & Hogshooter) generate lots of profit for LINE."

      I didn't ask it then but I am asking now: Prove that Bakken generates a lot of profit for LINE.

      • 2 Replies to rlp2451
      • How much "proof" would you like this time, and in what form?

        Guess we can start with some general info by Linn:

        See Slide #31 from Linn Presentation of May 23, 2012.

        Linn Hogshooter wells are producing 7X (that is SEVEN TIMES) the revenue of dry gas wells, and 65% more revenue than wet gas wells....go look at their slide.

        There is more detail on that and other slides in that presentation.

        If you really wanted the info you asked for then you would have been able to get it easily enough.

        You are just looking for another debate so you can twist more published and verifiable info into your fantasy-land RLP-shuffle, and then tell us that the decline in Marcellus area activity really does not matter all that much because production is still up..

        ............but then you fail to explain the shift to oilier plays like the move by CHK to all of those HOGSHOOTER oil wells.

        They too seem to think Hogshooter oil is more profitable than gas drilling during this period of low natural gas prices, don't they?

        Need another list of companies who made the shift toward oil & more liquids...... again?

        We did that just yesterday.

      • What is the IRR on the reported Hogshooter wells? How many wells are they planning to complete?

        Why do you always demand people do the math you do not have the background to do yourself?

    • Guess that is just his posting technique.

      It seems that since the question was asked and there is no reply.....we can only assume that he made that up also

      ....because I see no example of otherwise, and I do not remember saying what he said that I said.

      I would like to se the exact wording that got him so confused though.

      I do not make "specious claims" as he said.

      And,
      I did not say anything about the profiltablity of the Linn Bakken purchases.

      So what was so confusing?

      And,

      I wonder why he sold his COG?

      Lindeman Steven W who is Vice Pres, Engineering & Tech at Cabot Oil & Gas Corporation (NYSE: COG), sold 3,400 shares at $47.47 per share for a total value of $161,398.

 
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