ACQUIRE, DEVELOP, OPTIMIZE

摘要

Linn Energy LLC celebrates its 10th anniversary this year, coming off a stellar 2012, its fastest-growth year yet. In 2012, Linn spent about $2.9 billion on a series of asset acquisitions, including buying the storied Hugoton and Jonah natural gas fields from BP. It also completed the third-largest initial public offering of the year and the largest energy IPO, raising some $1.3 billion for a new entity, LinnCo. This offering positioned the Houston company for an industry first—the first LLC to buy a C-Corp, Berry Petroleum Co., for some $4.3 billion, including debt.