Thu, Oct 2, 2014, 9:29 AM EDT - U.S. Markets open in 1 min.

Recent

% | $
Quotes you view appear here for quick access.

Linn Energy, LLC (LINE) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • sandonthebeach47 sandonthebeach47 Jan 30, 2013 10:28 PM Flag

    Options

    I think that the one you posted about the cut & paste jobs was even funnier and also revealing.

    And you were asked how would you know since your message history just started on just Jan. 2013....so you were commenting about back beyond when you "existed"....pretty funny stuff.

    Forget this one?
    "Don't forget all the useless cut and paste jobs from SOB and Norrister. They cant ANALyze anything themselves its all go here...go there....read PP slides....see that....google this...what an SOB."

    Maybe fullofbull is a little closer to reality?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Here is my post so you can research it again:
      I sold my Line shares yesterday at the high and bought 6 lots of 37Mar16 puts. Making $$. Tuesday will be a huge drop day for Line and I am ready to profit over the drop in the next month.

      Lets see who makes the money next week...mark it loser! You apparently have no chart reading skills and by looking at your post its all about hog shooters and ND fields. All this cut and paste sh&T. I am a trader and re-read my post above. Do you understand this strategy? Hopefully not so I can keep making money on fools like you ...LOL

      • 2 Replies to bearnobull
      • Seems to me, if your going to do what you said, that you would just keep your trap shut and just do it.
        Who do you think cares what you do.
        No one can change the direction of a stock by posting on a yahoo board.
        P.S. the only ones who make money in the options market with regularity are those who sell puts, not buy them.

        Sentiment: Hold

      • Lots more, fullofbull.

        One funny post after another...."You apparently have no chart reading skills"

        LOL...

        Sure, who spotted the recent LINE bottom at $34.80?
        Go read my message history to find out.

        And,
        Still no response to why you do not exist before Jan. 2013, so how could you comment on old posts?

        LOL...

        So, which old poster are you?

        And you were asked how would you know since your message history just started on just Jan. 2013....so you were commenting about back beyond when you "existed"....pretty funny stuff.

        Forget this one?

        "Don't forget all the useless cut and paste jobs from SOB and Norrister. They cant ANALyze anything themselves its all go here...go there....read PP slides....see that....google this...what an SOB."

        Maybe fullofbull is a little closer to reality?

    • ndependent oil and gas producer Anadarko Petroleum Corporation (APC) has entered into a joint venture (:JV) with Linn Energy, LLC (LINE) to develop the Salt Creek field in Wyoming's Powder River Basin. The Powder River Basin is one of Anadarko's key coal-bed methane (CBM) areas. It spans 738,000 net acres and comprises more than 3,000 identified lower-risk drill sites.
      Per the deal, Linn Energy will invest approximately $600 million over the next three to six years, out of which $400 million will be utilized for field development purposes and the remaining $200 million for interest payment.
      Anadarko began the Salt Creek field development in 2004 and now Linn Energy will join as a partner in the carbon dioxide enhanced oil recovery development of the field. Linn will gain a 23% interest in Anadarko’s Salt Creek field assets.
      The recent JV will enable the companies to generate an average of approximately 1,600 barrels of oil per day in the first year and subsequently scale up the production to 3,800 barrels of oil per day by 2016. In our view, the addition of pipelines and increase in storage capacity resulting from the contract will prove highly beneficial for Anadarko.
      Anadarko has already invested $65 million per year, on an average, to develop various phases of the Salt Creek integrated enhanced oil recovery (:EOR) project. We expect Anadarko to continue with the development of its Rockies EOR assets at Monell. It is also likely to continue with the tertiary recovery operations at Salt Creek fields in Wyoming throughout 2012.
      As of December 31, 2011, the company had an extensive review plan for its 728 proved undeveloped reserves (PUDs). The company plans to convert onshore U.S. PUDs to developed reserves within five years.
      We believe that Anadarko is exploring opportunities not only in the U.S. but also internationally. The company’s capital expenditure is expected to be directed at international projects. For now, the investments are predominantly concentrated in Africa.
      We view this as a positive because we expect the development activities, the addition of pipelines and an increase in storage capacity in offshore Mozambique, El Merk (Algeria) and Jubilee unit in West Africa, as well as explorations in offshore Ghana to act as positive catalysts for the company’s future growth.
      An analysis of Anadarko’s profile makes it evident that the company is not only expanding its operations through domestic and international new field explorations, but also pursuing inorganic growth through strategic alliances. In fiscal 2011, Anadarko entered into a JV with Korea National Oil Corporation (:KNOC) worth $1.55 billion.
      Through the agreement, the Korean state-owned company acquired a one-third interest in Anadarko’s Maverick Basin assets at the Eagle Ford shale, Texas, with about 80,000 net acres in Eagle Ford and 16,000 additional dry-gas acres in the Pearsall Shale in South Texas. Per the deal, KNOC will pay Anadarko's 2011 capital costs in the Maverick Basin.
      Anadarko already has a strong footprint in the Powder River Basin. The JV with Linn Energy will help the company to leverage its position in the Basin, by providing financial support and developmental assistance. We expect that the two JVs will be incrementally positive for the company’s acreage enhancement.
      The company currently has a Zacks #2 Rank, which translates into a short-term Buy rating.
      Based in The Woodlands, Texas, Anadarko Petroleum Corporation is primarily engaged in the exploration, development, production, gathering, processing and marketing of natural gas, crude oil, condensate and natural gas liquids.

 
LINE
29.58+0.07(+0.24%)Oct 1 4:15 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.