Linn Energy (LINE) slightly raises its FY2012 EBITDA outlook to ~$1.365B, up from $1.35B, and...

|About: Linn Energy, LLC (LINEQ)|By:, SA News Editor

Linn Energy (LINE) slightly raises its FY2012 EBITDA outlook to ~$1.365B, up from $1.35B, and updates full-year total production guidance to 660-685 MMcfe/day. During Q3, LINE drilled nine new horizontal Hogshooter wells with an average initial production rate of 1,983 bbl/day of oil, 534 bbl/day of NGLs and 3.4 MMcf/day of natural gas per well.