About LINN
LINN Energy’s mission is to acquire, develop and maximize cash flow from a growing portfolio of long-life natural gas and oil assets.
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Performance Overview
LINN is an independent oil and natural gas development company that was founded in 2003 and became the first publicly traded independent oil and natural gas limited liability company in January 2006. The Company’s core areas of operation are the Mid-Continent, California and the Permian Basin. At year-end 2008, LINN had approximately 1.7 trillion cubic feet of natural gas equivalent of proved reserves with a reserve-life index of more than 20 years.
Strategy
LINN Energy’s primary business objective is to provide stability and growth of distributions for the long-term benefit of its unitholders. The Company’s business strategy is comprised of three key elements.
- Grow through acquisition of long-life, high-quality properties
- Efficiently operate and develop acquired properties
- Reduce cash-flow volatility through commodity-price and interest-rate hedging
These strategic elements are discussed in more detail on our full website.
History
Executive Chairman Michael C. Linn founded LINN Energy in 2003. In just six years, the Company grew from a handful of natural gas wells with a few employees into a publicly traded, multi-billion dollar enterprise with more than 500 employees in more than a dozen offices across the United States.
LINN units, representing limited liability company interests, are listed on The NASDAQ Global Select Market under the symbol “LINE.”
Leadership
Management
- Michael C. Linn
Executive Chairman - Mark E. Ellis
President and Chief Executive Officer - Kolja Rockov
Executive Vice President and Chief Financial Officer - Charlene A. Ripley
Senior Vice President, General Counsel and Corporate Secretary - David B. Rottino
Senior Vice President and Chief Accounting Officer - Arden L. Walker, Jr.
Senior Vice President and Chief Operating Officer
Board of Directors
- Michael C. Linn
Executive Chairman - Mark E. Ellis
President and Chief Executive Officer - George A. Alcorn
Independent Director - Terrence S. Jacobs
Independent Director - Joseph P. McCoy
Independent Director - Jeffrey C. Swoveland
Independent Director