Legacy Reserves LP, Midland, Texas, (Nasdaq: LGCY) plans to acquire certain producing properties in the Permian Basin from undisclosed private parties for $20.3 million in cash. The assets include 101 nonoperated properties primarily in the Permian Basin. Net production is approximately 302 barrels of oil equivalent per day. Proved reserves are 1.22 million barrels equivalent (92% proved developed producing).
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