LINN Energy, Inc. was formed in February 2017 as the reorganized successor to LINN Energy, LLC. Headquartered in Houston, Texas, the Company’s current focus is the development of the Merge/SCOOP/STACK in Oklahoma through its equity interest in Roan Resources LLC, as well as through its midstream operations in that area. Additionally, the Company is pursuing emerging horizontal opportunities in Oklahoma, North Louisiana and East Texas, while continuing to add value by efficiently operating and applying new technology to a diverse set of long-life producing assets.
LINN Energy, Inc. (OTCQB: LNGG) announced April 10, 2017 that its common stock was approved for trading on the OTCQB market under the symbol LNGG. Investors can find real-time quotes and market information for the Company on www.otcmarkets.com. LINN shares currently trade under 2 CUSIPS. The CUSIP number LINN common stock is 53601P304. The CUSIP number for restricted shares is 53601P205. Shares received in the private placement exemption as part of the Plan of Reorganization are restricted shares.
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LINN Energy's independent auditor is KPMG
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You can find additional information about restructuring at http://www.linnenergy.com/restructuring.
Holders of LINE or LINEQ at any point during 2017 will receive a K-1. K-1’s are available to download here:
https://www.taxpackagesupport.com/linnenergy. If you have any other K-1 related questions, please call our K-1 line at 1-800-203- 5179.
On January 27, 2017, the United States Bankruptcy Court for the Southern District of Texas entered the order confirming the Plan of Reorganization of Linn Energy, LLC and Its Debtor Affiliates. The Plan became effective on February 28, 2017. Pursuant to the Plan, on the effective date all previously issued securities in LINEQ and LNCOQ that were listed and outstanding immediately prior to the Effective Date were cancelled and extinguished with no value. Holders of interests in LNCOQ may receive a nontransferable escrow position to the extent necessary to facilitate any distributions that may become available in the future on account of such interests in LNCOQ