Legacy Reserves LP
(NASDAQ: LGCY)
+0.16
+0.59%
| Exchange: | NASDAQ |
| Stock: | Legacy Reserves LP |
| Industry: | NA |
| Employees: | 206 |
| Legacy Reserves LP (Legacy) is an independent oil and natural gas limited partnership. The Company focuses on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-Continent and Rocky Mountain regions of the United States. As of December 31, 2011, the Company had proved reserves of approximately 63.4 one thousand barrels of crude oil equivalent (MMBoe), of which 68% were oil and natural gas liquids (NGLs) and 85% were classified as proved developed producing, 2% were proved developed non-producing, and 13% were proved undeveloped. During the year ended December 31, 2011, the Company completed 28 acquisitions of oil and natural gas properties. In December 2012, Concho Resources Inc closed its divestiture of certain non-core producing properties located in the Permian Basin of West Texas and Southeast New Mexico to Legacy. |
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