Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - ROAN RESOURCES, INC. | h78295e8vk.htm |
| EX-5.1 - EX-5.1 - ROAN RESOURCES, INC. | h78295exv5w1.htm |
| EX-8.1 - EX-8.1 - ROAN RESOURCES, INC. | h78295exv8w1.htm |
| EX-1.1 - EX-1.1 - ROAN RESOURCES, INC. | h78295exv1w1.htm |
Exhibit 99.1
|
NEWS RELEASE |
LINN ENERGY ANNOUNCES PRICING OF ITS PUBLIC OFFERING OF 10,000,000 UNITS
HOUSTON,
December 9, 2010 — LINN Energy, LLC (NASDAQ: LINE) announced today the pricing
of its public offering of 10,000,000 units of its limited liability company interests at a price to
the public of $35.92 per unit. The underwriters have an option to purchase up to an additional
1,500,000 units from the Company at the public offering price less the underwriting discount. The
offering is expected to settle and close on December 14, 2010, subject to customary closing
conditions.
The Company expects to receive net proceeds of approximately $344 million (or approximately $396
million if the underwriters exercise their option to purchase an additional 1,500,000 units) from
the offering and intends to use the proceeds to reduce debt under the Company’s revolving credit
facility and for general corporate purposes.
RBC Capital Markets, Barclays Capital, Citi, UBS Investment Bank, Wells Fargo Securities, Credit
Suisse, and Raymond James acted as joint book-running managers for the offering. A copy of the
prospectus supplement and the base prospectus relating to the offering may be obtained from:
RBC Capital Markets, LLC Attn: Equity Syndicate 3 World Financial Center 200 Vesey Street New York, NY 10281 Phone: (877) 822-4089 Barclays Capital c/o Broadridge, Integrated Distribution Services 1155 Long Island Avenue Edgewood, NY 11717 Phone: (888) 603-5847 Email: Barclaysprospectus@broadridge.com Citi Brooklyn Army Terminal 140 58th Street Brooklyn, NY 11220 Phone: (877) 858-5407 Email: batprospectusdept@citi.com |
UBS Investment Bank Attn: Prospectus Department 299 Park Avenue New York, NY 10171 Phone: (888) 827-7275 Wells Fargo Securities Attn: Equity Syndicate Dept. 375 Park Avenue New York, NY 10152 Phone: (800) 326-5897 Email: cmclientsupport@wellsfargo.com Credit Suisse Securities (USA) LLC Attn: Prospectus Department One Madison Avenue, 1B New York, NY 10010 Phone: (800) 221-1037 Raymond James & Associates, Inc. Attn: Equity Syndicate 880 Carillon Parkway St. Petersburg, FL 33716 Phone: (800) 248-8863 |
This press release does not constitute an offer to sell or a solicitation of an offer to buy
units or any other securities, nor shall there be any sale of these securities in any jurisdiction
in which such an offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction. The offering of these securities
may be made only by means of the prospectus supplement and the related base prospectus.
This press release includes “forward-looking statements” within the meaning of the federal
securities laws. All statements, other than statements of historical facts, included in this press
release that address activities, events or developments that the Company expects, believes or
anticipates will or may occur in the future are forward-looking statements. These statements
include the Company’s plans to complete a public offering of its limited liability company
interests and the use of proceeds therefrom. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the control of the Company,
including market conditions, operational developments with respect to the Company and other factors
described in the Company’s reports filed with the SEC.
Any forward-looking statement speaks only as of the date on which such statement is made and the
Company undertakes no obligation to correct or update any forward-looking statement, whether as a
result of new information, future events or otherwise.
CONTACTS:
|
Investors: LINN Energy, LLC Clay Jeansonne, Vice President — Investor Relations 281-840-4193 |
|
| Media: LINN Energy, LLC Paula Beasley, Manager, Public Affairs & Communications 281-840-4183 |