“We are assembling a strong technical team to accelerate the development of the Merge play and become the premier operator in the basin,” said Maranto.

Linn is considering management options for Blue Mountain Midstream, a pipeline business centered in the core of the SCOOP, STACK and Merge.

And it will continue to sell off “non-core” assets. Those remaining will be turned into a third public company when Roan and Blue Mountain separate.