I also see LINN has gone to the wall Mickey !!!
From a quick perusal of LINN's projects they are mostly Lower 48 Unconventional btl.
Geeez these Lower 48 guys got in over their heads with debt didn't they and now the banks are shutting up shop they have no choice but to either restructure of fold completely.
Like we surmised a little while ago many of these mid tier Lower 48 guys wont be back any time soon which gives rise to the question who will plug any US consumption increase ?
No wonder the oil price continues its upward trend.
d.
LSE tonight, page-1469
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