Valorem Energy Kayne Private Energy Income Fund

Valorem Energy, LLC Closes on $285 Million Acquisition of Williston Basin Interests

OKLAHOMA CITY–December 07, 2017 –(BUSINESS WIRE)–Valorem Energy, LLC, and certain wholly-owned subsidiaries (“Valorem” or the “Company”), an independent oil and natural gas company headquartered in Oklahoma City, Oklahoma and backed by the Kayne Private Energy Income Fund, L.P., announced that it has closed on its acquisition of LINN Energy, Inc.’s (“LINN” or the “Seller”) Williston Basin interests for a purchase price of $285 million, subject to customary purchase price adjustments.

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