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Latest Legacy Reserves LP Stories

2008-11-05 18:00:19

MIDLAND, Texas, Nov. 5, 2008 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (Nasdaq:LGCY) today announced third quarter results for 2008. This unaudited financial information is preliminary and is subject to adjustments in connection with the final unaudited financial statements to be released on or about November 7, 2008 within Legacy's Quarterly Report on Form 10-Q. A summary of selected financial information follows. For condensed consolidated financial statements, please see...

2008-10-15 12:00:29

Triple Point Technology(R), the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Legacy Reserves LP (NASDAQ: LGCY), an independent oil and natural gas limited partnership with proved reserves of 32.1 MMBOE, has selected Triple Point's Commodity XL for Fair Value Disclosure(TM) to perform independent, credit-adjusted mark-to-market (MTM) and fair value level assignment for its energy commodity derivative transactions....

2008-10-06 18:00:31

MIDLAND, Texas, Oct. 6, 2008 (GLOBE NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) closed on October 1st the previously announced acquisition of 100% of the membership interests of Pantwist, LLC from Cano Petroleum, Inc. (AMEX:CFW) for approximately $40.8 million. Pantwist owns operated interests in approximately 126 producing wells in the Texas Panhandle near Legacy's existing production. Legacy also announced the acquisition of Permian Basin oil and natural gas producing properties from...

2008-09-24 18:00:35

MIDLAND, Texas, Sept. 24, 2008 (GLOBE NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced that is has entered into a commitment to invest up to $20 million over three years with Black Oak Resources, LLC ("Black Oak"), a partnership between Mike Black, and a partnership formed by Post Oak Energy Capital, LP ("Post Oak") and Magnetar Capital ("Magnetar"). Black Oak and Legacy will jointly pursue oil and natural gas assets which have a high percentage of undeveloped reserves. The...

2008-09-22 18:00:29

MIDLAND, Texas, Sept. 22, 2008 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (Nasdaq:LGCY), today announced that Cary D. Brown, Chairman and Chief Executive Officer, will be participating at the 17th Annual J.S. Herold Pacesetters Energy Conference to be held at the Hyatt Regency in Greenwich, Connecticut, on September 22-25, 2008. Mr. Brown's panel is scheduled for Wednesday, September 24, at 3:00 p.m. ET. A copy of the presentation will be posted on Legacy's website on September 24,...

2008-09-17 12:00:30

MIDLAND, Texas, Sept. 17, 2008 (GLOBE NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced that it has no hedging or other contractual counterparty exposure to Lehman Brothers Holdings Inc., its subsidiaries or its affiliates. About Legacy Reserves LP Legacy is an independent oil and natural gas limited partnership headquartered in Midland, Texas, focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin and Mid-continent...

2008-09-08 18:00:33

MIDLAND, Texas, Sept. 8, 2008 (GLOBE NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced it has entered into an agreement to purchase 100% of the membership interests of Pantwist, LLC from Cano Petroleum, Inc. (AMEX:CFW) for $42.7 million cash, subject to customary closing adjustments. Legacy is to acquire an estimated 453 Boe of daily production (72% oil and natural gas liquids), 3.1 MMBoe of proved reserves, 100% of which is proved developed producing. The closing is expected to...

2008-08-06 18:00:33

MIDLAND, Texas, Aug. 6, 2008 (PRIME NEWSWIRE) -- Legacy Reserves LP ("Legacy") (Nasdaq:LGCY) today announced second quarter results for 2008. This unaudited financial information is preliminary and is subject to adjustments in connection with the final unaudited financial statements to be released on or about August 8, 2008 within Legacy's Quarterly Report on Form 10-Q. A summary of selected financial information follows. For condensed consolidated financial statements, please see...

2008-07-22 18:00:50

MIDLAND, Texas, July 22, 2008 (PRIME NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced that the board of directors of its general partner has approved a cash distribution attributable to the second quarter of 2008 of $0.52 per unit, payable on August 14, 2008 to unitholders of record at the close of business on August 1, 2008. This increased quarterly distribution represents an annualized distribution of $2.08 per unit. This quarterly distribution of $0.52 per unit represents a...


Word of the Day
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  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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