Venturabay -- Can you tell us what the source is for the Wells Fargo MLP report on LINE? Pretty important to know if the August production figure is solid. Is the WF report available to he public? Private clients? Is it based on data from Linn? Any help on this is greatly appreciated.
If Linn could report a modestly better 3rd quarter with the better NGL prices and a bit of increased production, I think even just that might do a lot for the unit price. Linn could talk up q4 and the Wolfcamp and Bone Spring wells to come in q4. I think a lot of what is holding the unit price down is fear of a bad q3 because Linn missed guidance on q1 and q2. If a modestly better q3 and some positive analyst talk, presumably led by WFC, and some short covering led to a better unit price, the BRY merger might be back in the mix. So there is a positive scenario short-term even if you worry about longer term.
I just bought some more at $24.30
Venture I think Fred is asking if you know how WF arrived at their numbers. The impression that Linn is increasing production by 11% from one quarter to the next brings into question the credibility of the number, especially since it is so far above even Linn's own estimates.