Linn has hired consultants at RBC Richardson Barr to help the company evaluate "multiple strategic alternatives" aimed at maximising the value of its assets in the Permian basin.
The company currently holds about 55,000 acres across eight different areas and seven counties that are prospective for the horizontal Wolfcamp formation, primarily in the A and B benches. Linn has identified around 650 operated drilling locations, 87% of which are held by production.
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