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Linn Energy, LLC Message Board

  • rlp2451 rlp2451 Sep 23, 2013 12:16 PM Flag

    This May Be Another Reason For Weakness Today

    This is all the info. I have. I don't know who the buyer is, or if it's close to any Linn properties; but Linn as everyone here should know, bought a large chunk of Kansas property from BP:

    Shell pulling up stakes, selling Kansas assets
    Shell is pulling out of Kansas after its exploratory wells didn’t show enough potential to stay, another in a series of departures by major exploration companies that have given up on the Kansas side of the Mississippian Lime foundation.Shell, which is selling off its 45 producing wells and 600K acres in nine Kansas counties, stopped drilling in July as it reviewed results for its exploratory wells.Chesapeake (CHK), Encana (ECA) and Apache (APA) have been gone from the state for more than a year,

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