Quarterly / Earnings Reports | Third Quarter (3Q) Update | Key Wells | IP Rates-30-Day | Initial Production Rates | Financial Results | Capital Markets | Drilling Activity
Linn Testing NW STACK; IPs Two Cotton Valley Wells
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LINN Energy reported its Q3 2017 results. Highlights include:
Touts formation of Roan Resources with Tony Maranto at helm / increased STACK portfolio Completed two horizontal wells in Ruston, North Louisiana with peak IP-30 rates of 11 MMcf/d and 19.4 MMcf/d, respectively Ramping Up NW STACK OpsThe Company has a significant acreage position in the NW STACK in which offset horizontal results in the Osage and Meramec have been positive with recent IP-30 rates of more than 1,000 BOE/d. With increased industry activity in the area, LINN is evaluating deploying a rig in 2018 to test horizontal development potential.
More About Roan:On August 31, 2017, the Company completed a transaction in which LINN and Citizen Energy II, LLC each contributed certain upstream assets located in the…
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