Supplemental Quarterly Data (Unaudited)

8 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2012

Linn Energy, LLC [Member]

Supplemental Quarterly Data (Unaudited)

SUPPLEMENTAL QUARTERLY DATA (Unaudited)

The following discussion and analysis should be read in conjunction with the “Financial Statements” and “Notes to Financial Statements,” which are included in this Annual Report on Form 10-K in Item 8. “Financial Statements and Supplementary Data.”

Quarterly Financial Data

	Period
	April 30 (Inception) To June 30			July 1 To September 30			October 1 To December 31
	(in thousands, except per share amount)
2012:
Equity income from investment in Linn Energy, LLC	$	—		$	—		$	34,411
General and administrative expenses	(155		)	(351		)	(724		)
Income tax expense	—			—			(12,528		)
Net income (loss)	(155		)	(351		)	21,159
Net income per share, basic and diluted	N/A			N/A			$	0.74

Quarterly Financial Data

	Quarters Ended
	March 31			June 30		September 30			December 31
	(in thousands, except per unit amounts)
2012:
Oil, natural gas and natural gas liquid sales	$	348,895		$	347,227	$	444,082		$	460,976
Gains (losses) on oil and natural gas derivatives	2,031			439,647		(411,405		)	94,489
Total revenues and other	354,090			800,597		48,328			571,225
Total expenses (1)	269,108			460,617		376,353			656,111
(Gain) losses on sale of assets and other, net	1,478			36		(14		)	141
Net income (loss)	(6,202		)	237,086		(430,005		)	(187,495		)
Net income (loss) per unit:
Basic	$	(0.04	)	$	1.19	$	(2.18	)	$	(0.83	)
Diluted	$	(0.04	)	$	1.19	$	(2.18	)	$	(0.83	)

⁽¹⁾  Includes the following expenses: lease operating, transportation, marketing, general and administrative, exploration, bad debt, depreciation, depletion and amortization, impairment of long-lived assets and taxes, other than income taxes.

	Quarters Ended
	March 31			June 30		September 30		December 31
	(in thousands, except per unit amounts)
2011:
Oil, natural gas and natural gas liquid sales	$	240,707		$	302,390	$	292,482	$	326,458
Gains (losses) on oil and natural gas derivatives	(369,476		)	205,515		824,240		(210,339		)
Total revenues and other	(126,473		)	510,571		1,119,483		118,873
Total expenses (1)	165,625			195,672		211,254		240,353
Losses on sale of assets and other, net	614			977		279		1,646
Net income (loss)	(446,682		)	237,109		837,627		(189,615		)
Net income (loss) per unit:
Basic	$	(2.75	)	$	1.34	$	4.74	$	(1.09	)
Diluted	$	(2.75	)	$	1.33	$	4.72	$	(1.09	)

⁽¹⁾  Includes the following expenses: lease operating, transportation, marketing, general and administrative, exploration, bad debt, depreciation, depletion and amortization and taxes, other than income taxes.