Recent Highlights Executed on strategic plan to separate into two public companies, LINN, which owns a 50% equity interest in Roan Resources (Roan) and Riviera Resources (Riviera), as of August 7, 2018 Strong balance sheet with no…
Separation Overview Separated Into Two Public Companies August 7th LNGG shareholders on record date received 1 share of RVRA for each share of LNGG Working closely with Roan Holdings, LLC on definitive documentation to consolidate…
Riviera Upstream Assets Q2 2018 Overview Growth Mid-Continent Net Production of 49 MMcfe/d 312 MMcfe/d Second Quarter 2018 NW STACK Average Net Production Core acreage position heavily concentrated in Blaine, Major and Garfield…
Blue Mountain Q2 2018 Key Statistics Chisholm Trail System Completed a major processing capacity addition at the end of the second quarter 2018 with the successful start up of the Chisholm Trail III cryogenic gas plant Located in…
Roan Resources Focused on the accelerated development of the prolific Merge/SCOOP/STACK play LINN & Citizen sign a Contribution Agreement to form a Merge/SCOOP/STACK pure play company Each receive 50% of the equity interest June…
Quarter End Cash Reconciliation ( in millions) Previous Guidance as of 5/3/18 Cash Balance Higher Adjusted Additional Share Lower Capital Working Capital / Cash Balance 6/30/18 EBITDAX Repurchases (1) Spending Other 6/30/2018 5…
Share Buybacks As of June 30, 2018 Over 660 million returned to shareholders ( in millions) 2017 Open Market Retirement of 2018 Open Market 2018 Employee Share Profits Interest Share Liquidity Program Repurchases Tender Offer Shares…