SOURCE: World Street Fundamentals

June 30, 2011 09:00 ET

Equity Research on Brigham Exploration Company and Linn Energy, LLC - Global Demand Boost Oil and Gas

HONG KONG--(Marketwire - Jun 30, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Brigham Exploration Company (NASDAQ: BEXP) and Linn Energy, LLC (NASDAQ: LINE). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

As it is expected to see rising oil prices, production growth, improved global economic growth and geopolitical tensions placing pressure on E&P stocks, the growth of this sector is optimistic. The EPS are expected to see growth of about 26% in 2011 and 29% in 2012. As of June, the U.S. Energy Information Administration (EIA) estimated that global oil demand expanded 2.4 million b/d in 2010, to 86.7 million b/d, and sees demand growth of 1.75 MMb/d in 2011, to 88.43 MMb/d. Earlier in 2011, crude oil prices reached highs not seen since 2008, reflecting the disruption of exports from Libya and unrest in the Middle East and North Africa.

World Street Fundamentals has highlighted Brigham Exploration Company as an independent production company that utilizes advanced exploration, drilling and completion technologies to systematically explore for, develop and produce domestic onshore crude oil and natural gas reserves. As of December 31, 2010, it had approximately 600,601 gross and 364,309 net leasehold acres in the Williston Basin. As of December 31, 2010, it proved reserves totaled 66.8 million barrels of oil equivalent. Approximately 78% of its proved reserves are crude oil and it operates approximately 81% of its proved reserves. The entire report on Brigham Exploration Company (NASDAQ: BEXP) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has highlighted Linn Energy, LLC as an independent oil and natural gas company. The Company's properties are located in five regions in the United States. As of December 31, 2010, its proved reserves were 2,597 billions of cubic feet equivalents, of which approximately 36% were oil, 48% were natural gas and 16% were natural gas liquids (NGL). At December 31, 2010, the Company operated 7,097 or 68% of its 10,386 gross productive wells. The entire report on Linn Energy, LLC (NASDAQ: LINE) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

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