Third Quarter 2017 Earnings Supplemental Presentation
Recent Highlights LINN Energy, Inc. (LINN) Exceeded 1.5 billion from closed and pending asset sales In October, announced the sale of its Williston properties for 285 million and its Washakie properties for 200 million Eliminated…
Overview of LINNs Assets Merge / SCOOP / STACK Roan Resources Signed a contribution agreement to form a Merge/SCOOP/STACK pure play company 140,000 total net acres with LINN and Citizen Energy Williston* II LLC (Citizen) each…
Asset Sales Update Williston Jonah Sale California Sales Salt Creek Sale 560 million 346 million 75 million Jonah Salt Creek Washakie Sale South Texas Sales Permian Acreage Altamont Bluebell Washakie Estimate Estimate Sales…
Share Repurchase Program As of October 31, 2017 5.2 million shares repurchased 179 million for an average price of 34.52 per share Represents 6% of Outstanding Equity Shares 221 million remain under the current 400 million…
2017 Capital Allocation Total Capital budget increased from 338 million to 360 million (1) Other / Administrative Sold Assets (1), (3) Remaining 9 42 O&G Assets 69 Chisholm Development Trail 72 Midstream 106 Roan AMI…
FY 2017 Capital Estimate Bridge ( in millions) Previous Current Assuming Excluding Guidance Guidance closed & pending Chisholm Trail transactions Midstream Pro forma Estimates excluded 1/1/17 Capital 19 8 (42) (3) (2) 318…
FY 2017 EBITDAX Estimate Bridge Prior Adjusted Current Assuming Guidance Prior Guidance closed & pending Guidance transactions excluded 1/1/17 Pro forma 400 Estimates 16 18 350 (8) 300 (180) 250 28 Millions 200…
Projected Cash 12/31/17 ( in millions) Prior Guidance Aug-Sept Roan Cash October Projected Cash Q3 Roan Share Advisor Balance Washakie Williston EBITDA Share Cash 9/30/17 Performance Leasing Repurchases Fees 9/30/17 Sale Sale Q4 E…
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