Company Background

Company Background

Company Background

Legacy Reserves Inc. is an independent energy company engaged in the development, production and acquisition of oil and natural gas properties in the United States.  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 Mid-Continent regions.  

Key Statistics

Q4 2018 Production

47.5 MBoe/d

Proved Reserves*

165 MMBoe

PDP Reserve Life*

9 years

Permian Gross / Net Operated Horizontal Acreage*

43,500 / 33,700

Permian Gross / Net Operated Horizontal
Drilling Locations*

551 / 407

* Per the March 2019 Investor Presentation.