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LINN Tags 12 Hogshooter Wells, Grows Permian Objectives in Q3
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LINN Energy, LLC and LinnCo, LLC have reported financial and operating results for the three months ended September 30, 2013, and outlook for the remainder of 2013.
LINN reported the following third quarter 2013 results:
Average daily production of 823 MMcfe/d compared to 782 MMcfe/d for the third quarter 2012; Oil, natural gas and NGL sales of approximately $538 million compared to $444 million for the third quarter 2012; Distributions paid to unitholders of $171 million compared to $145 million for the third quarter 2012; Excess of net cash provided by operating activities after distributions to unitholders and discretionary adjustments considered by the Board of Directors of $2 million compared to $57 million for the third quarter 2012 (see Schedule 1, footnote 7); and Net loss of…- ✓ Full news archive — U.S., Canada & international coverage
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