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LINN Forms SCOOP and STACK Focused Company; Reduces Capex Guidance 18%

Linn Energy reported its Q2 results where its primary focus was on its formation of Roan Reoucres with Citizen Energy II and its acreage in different parts of the US.
Highlights Include:
Most notably in Q2, LinnCo entered into an agreement with Citizen Energy II where each company contributed upstream assets to form the new company called Roan Resources. This…
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