Legacy Reserves Inc.
About
Legacy Reserves is an independent energy company engaged in the development, production and acquisition of oil and natural gas properties in the U.S. Its current operations are focused on the horizontal development of unconventional plays in the Permian Basin and the cost-efficient management of shallow-decline oil and natural gas wells in the Permian Basin, East Texas, Rocky Mountain and Midcontinent regions, according to the company press release.
The Nasdaq Stock Market announced July 31, 2019 that it will delist the common stock of Legacy Reserves Inc.
Editor's note: Updated Aug. 21, 2020.
Headquarters Address
303 W. Wall St., Suite 1800
Midland, TX 79701
United States
Website
www.legacyreserves.comMain Phone Number
Transactions
Marketed: Legacy Reserves Rockies Regional Exit
Marketed: Legacy Reserves Rockies Regional Exit
Marketed: Legacy Resources Permian Basin ORRI Portfolio
Marketed: Legacy Resources Permian Basin ORRI Portfolio
Marketed: Legacy Resources Permian Basin ORRI Portfolio
Marketed: Legacy Resources Permian Basin ORRI Portfolio
Marketed: Legacy Reserves East Texas Operated, Nonop Properties
Marketed: Legacy Reserves East Texas Operated, Nonop Properties
Marketed: Legacy Reserves Permian Acquisition Opportunity
Marketed: Legacy Reserves Permian Acquisition Opportunity
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New Financings
Legacy's board of directors has approved, and the company has executed, a restructuring…
Legacy Reserves Inc. has entered into forbearance agreements and its lenders under its second…
Entered into privately negotiated exchange agreements with certain holders of the Issuers' 8% senior…
Entered into an agreement to repurchase $187 million of its 6.625% senior unsecured notes due 2021 at 70…
Entered into an agreement to amend second lien term loan credit agreement to increase the amount of…
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Instantly unlock over 15 years of A&D transactions and financing data.
News
Permian, East Texas E&P Legacy Reserves Rebrands as Revenir Energy
Revenir operates and develops oil and gas assets in the Permian Basin of West Texas and Shelby County region of East Texas.
Legacy Reserves Markets Permian Basin, Haynesville Shale Assets, Sources Say
Legacy Resources has hired an investment bank to run the sale process for the assets in the Permian Basin and Haynesville Shale and is valuing them at around $800 million, sources say.
Marketed: Legacy Reserves Rockies Regional Exit
Legacy Reserves retained TenOaks Energy Advisors in connection with its Rockies regional exit, which includes the sale of its portfolio of operated properties located across Wyoming, North Dakota and Montana.
Marketed: Legacy Resources Permian Basin ORRI Portfolio
Legacy Reserves LP retained TenOaks Energy Advisors and Barclays in connection with the potential sale of a portfolio of overriding royalty interests spanning active development areas in the Delaware and Midland basins in the Permian.
Marketed: Legacy Reserves East Texas Operated, Nonop Properties
Legacy Reserves Operating LP retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain East Texas properties.
Marketed: Legacy Reserves Permian Acquisition Opportunity
Legacy Reserves retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale certain operated and nonoperated properties located in the Permian Basin.
Permian Basin Operator Legacy Reserves To Enter Chapter 11 Bankruptcy
Despite converting to a C-corp, Legacy Reserves has faced debt hurdles, which led the Midland, Texas-based oil and gas company to explore strategic alternatives.
On The Move
Check out the latest new hires, appointments, promotions and company news.
Legacy Reserves Names Robert Norris As CFO
Robert Norris’ appointment, effective Feb. 19, will fill in a position left empty late last year when Legacy Reserves named CFO Dan Westcott as CEO Paul T. Horn’s successor.