If you want to gamble you would be better off going to the casino than playing Linn because gambling is essentially what you are doing buying in with a company that is 100% headed to restructuring.

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Posted by Strannix

District 11

Member since Dec 2012

48942 posts

Posted on 5/2/16 at 10:12 am to TigerDog83

they are 100% filing chapter 11

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Posted by cwill

Member since Jan 2005

54752 posts

Posted on 5/2/16 at 11:09 am to Strannix

I think you should go for it strannix!

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Posted by Strannix

District 11

Member since Dec 2012

48942 posts

Posted on 5/15/16 at 9:52 pm to cwill

And there it went

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Posted by Me4Heisman

Landmass

Member since Aug 2004

5509 posts

Posted on 5/16/16 at 7:42 am to cwill

Actually BHP seems to me as having the best, longest lasting haynesville wells.

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Posted by castorinho

13623 posts

Member since Nov 2010

82033 posts

Posted on 5/16/16 at 11:33 am to Me4Heisman

Sandridge bit the dust too, as expected

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Posted by cwill

Member since Jan 2005

54752 posts

Posted on 5/16/16 at 5:57 pm to castorinho

And Breitburn...buy MLPs at your own risk....or any energy co if you think you can call the oil cycle (aka the grave yard of forecasters).

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Posted by cwill

Member since Jan 2005

54752 posts

Posted on 5/16/16 at 6:02 pm to Me4Heisman

quote:
to me as having the best, longest lasting haynesville wells.

I don't know anything about those wells, but just because they're "longest lasting" doesn't mean they're economic. I'd bet they're highest cost there too. The company is poorly run according to all of my sources. They've had significant layoffs since the downturn.

This post was edited on 5/16/16 at 7:32 pm

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Posted by Strannix

District 11

Member since Dec 2012

48942 posts

Posted on 5/16/16 at 7:20 pm to cwill

BHP has some shitty wells too, and they don't have a clue what they're doing.

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