March 2016 Investor Presentation – Linn Energy, Llc

Linn Energy, Llc · Mar 23, 2016 · 6 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

Exchange Offer for LINE Units March 23, 2016
Summary(1) Offer to exchange each outstanding LINE unit for one LNCO share Purpose of the Offer To permit holders of LINE units to maintain their economic interest in LINE through LNCO Exchange may allow LINE unitholders to avoid…
Evaluating the Options(1) Continue to Hold Participate in Sell LINE Units for LINE Units Exchange Cash Individual LINE unitholder YES(2) NO NO(3) exposure to CODI Up-front taxable event from sale NO YES(2)(4)(5) YES(2)(5) or…
Selected Q&A About the Offer What happens if I do not tender (exchange) my LINE units You will continue to own LINE units unless you sell or dispose of them in another transaction Tax items of gain or loss will continue to be…
Selected Q&A About the Offer (Continued) What will I receive for my LINE units One LNCO share for each validly tendered LINE unit Entitles each LNCO shareholder to the same distribution (if any) per LINE unit, less amount reserved…
Selected Q&A About the Offer (Continued) Is LNCO safer than LINE It is possible that either or both LINN Energy and LinnCo could seek protection under Chapter 11 of the U.S. Bankruptcy Code, and it is possible that LinnCo shares and…