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Latest Martin County, Texas Stories

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...

2008-09-02 09:00:37

Arena Resources, Inc. (NYSE: ARD) ("Company")("Arena") announced today that it has finalized the lease of office space in Midland, Texas ("Midland"), with an anticipated opening date by the end of October. Mr. Will Porter has joined Arena as Permian Basin Land Manager and will manage the new office. Mr. Porter, a Midland native, has over 23 years of experience in all phases of land work. He graduated from Texas Tech University in 1984 with a Bachelor of Business Administration, with a...

2008-08-04 03:00:28

By Mike Snyder, Houston Chronicle Aug. 4--KERMIT -- The lights on the rigs pierce the black West Texas night, illuminating mesquite shrubs and jack rabbits scampering across the flat landscape. The glow sends a reassuring message: Good times have returned to the oil patch. Pump jacks nod vigorously alongside the highway. Fat royalty checks arrive monthly in the mailboxes of ranchers and other landowners. Teachers and retail clerks abandon their jobs for better-paying work in the oil...

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
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.