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Linn Energy LLC
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Jonah Field Acquisition Overview
| Mark E. Ellis | Page 5 of 11 |
November 21, 2024
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"Jonah Field Acquisition Overview"
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Overview – Jonah Field Acquisition 5 ? Contract price: $1.025 billion ? Estimates for Jonah Field assets (first 12 months)(1) ? EBITDA of ~$160 million ? Maintenance capital of $40 million - $50 million ? Immediately accretive to distributable cash flow per unit ? Expected closing date on or before July 31, 2012 Acquisition Overview Asset Overview ? Production of ~145 MMcfe/d ? 55% operated by production ? Low decline rate of ~14% ? Proved reserves of approximately 730 Bcfe (56% PDP) ? 73% natural gas, 23% NGL and 4% oil ? ~1.2 Tcfe of identified resource potential from ~650 future drilling locations ? ~750 gross wells on >12,500 net acres (1) LINN Energy, LLC estimates. Park Teton Albany Big Horn Carbon Converse Crook Fremont Goshen Hot Springs Johnson Laramie Lincoln Natrona Niobrara Platte Sheridan Sublette Sweetwater Uinta Washakie Weston Campbell Wyoming Oil Fields Natural Gas Fields Salt Creek Jonah Acquisition Acreage Field Area Sublette County