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LINN Energy, LinnCo and Berry Petroleum Issue Update on Merger

LINN Energy, LLC (Nasdaq: LINE), LinnCo, LLC (Nasdaq: LNCO) and Berry Petroleum Company (NYSE: BRY) today announced an update of the proposed timing of the pending merger transaction. The Registration Statement on Form S-4 remains under review by the Securities and Exchange Commission. The parties are working diligently to complete that process and anticipate filing a second amendment to the Form S-4 early next week. The parties now anticipate the shareholder and unitholder meetings to occur in the third quarter of 2013, with closing to follow shortly thereafter.

ABOUT LINN ENERGY

LINN Energy's mission is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. LINN Energy is a top-15 U.S. independent oil and natural gas development company, with approximately 4.8 Tcfe of proved reserves in producing U.S. basins as of December 31, 2012. More information about LINN Energy is available at www.linnenergy.com.

ABOUT LINNCO

LinnCo was created to enhance LINN Energy's ability to raise additional equity capital to execute on its acquisition and growth strategy. LinnCo is a Delaware limited liability company that has elected to be taxed as a corporation for United States federal income

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Posted-In: News Guidance Contracts Asset Sales M&A Global

 

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