Items Tagged with 'plan'

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Linn Now Eyeing Split into Two Onshore Companies; Management Team Stepping Aside

Linn Energy Inc. revised its initial plan to separate into three standalone companies and now expects to break into two entities in 3Q2018: a pure play exploration and production (E&P) company focused on the Midcontinent, and an upstream and midstream outfit with assets in several unconventional regions. The entire management team, including CEO Mark Ellis, also is planning to retire. Read More

Pennsylvania House Close on Vote to Avoid NatGas Severance Tax

The Pennsylvania House of Representatives could soon vote on an alternative plan to fund the state budget that’s supported by Republican leadership and doesn’t include a severance tax on unconventional natural gas production or tax hikes for natural gas and electric utility customers, as the Senate-approved plan does. Read More