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Legacy Reserves Lp
31 articles mentioning Legacy Reserves Lp · Page 2 of 2
Legacy Divests 35% of Midland Basin Acreage; More Sales Planned
Legacy is continuing to pursue a few other select opportunities with the aim to complete a total of $100 million of asset sales during the first half of 2016.
Legacy Reserves' Borrowing Base Reduced to $900 Million
This is a $50 million reduction from the previous figure.
Legacy Reserves LP Reduces Bone Spring, Wolfcamp Drilling
Total development capital expenditures decreased to $21.8 million in 2015 from $57.9 million in 2014.
Legacy Reserves Updates Hedge Position; Reaffirms CapEx
Updated hedge position providing greater cash flow protection from sustained lower oil prices in summer 2015 and Midland-to-Cushing differentials.
Legacy Reserves LP President & CEO to Resign
Cary D. Brown, Chairman, President and Chief Executive Officer of the general partner of Legacy, has submitted his resignation as President and CEO of Legacy effective March 1, 2015.
Legacy Reserves LP Axes 2015 Budget by Nearly 77%
Cary D. Brown, Chairman, President and CEO, commented: "The dramatic drop in oil and gas prices has directly impacted our asset-level project returns."
Legacy Ups Oil Production 60% in 3Q; Talks Oil Price Impact
Production increased 60% to 32,109 Boe/d from 20,043 Boe/d primarily due to the WPX acquisition and other recent acquisitions.
Legacy Ups CapEx as Permian Opportunities Grow
The increase reflects increased opportunities for development projects in the Permian Basin.
Legacy Talks 'Solid' Wolfberry Ops, Bone Spring Projects
"We are excited about the second half of 2013, as our development pace will accelerate to include the drilling of two operated horizontal Bone Spring wells along with our drilling in the Wolfberry," says Cary D....
Legacy's Q1 Production Hits Record 19,711 BOE/d
Production increased by 25% to a record 19,711 Boe/d from 15,729 Boe/d in the fourth quarter of 2012 primarily due to a full quarter of production from the 2012 COG Acquisition.
Legacy Reserves LP Announces Acquisitions of Rockies Oil Properties for $70.8 Million
Legacy Reserves LP ("Legacy") (Nasdaq:LGCY) today announced it has entered into an agreement to purchase oil properties in North Dakota and Montana for $70.8 million in cash. These properties have current net production of approximately 776...