Legacy Reserves (LGCY) Misses Q3 EPS

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Legacy Reserves Inc. Announces Third Quarter 2018 Results

October 31, 2018 4:02 PM EDT

MIDLAND, Texas, Oct. 31, 2018 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") (NASDAQ: LGCY) today announced 2018 third quarter results including the following highlights:

Completed our corporate reorganization to become a C-Corp; commenced trading as Legacy Reserves Inc.; Generated record quarterly oil production of 18,902 Bbls/d, a 5.6% increase relative to Q2'18, and 31% relative to Q3'17; Brought 7 Permian horizontal wells online during the quarter, totaling 36 of such wells year-to-date; Commenced Wolfcamp drilling in the Delaware Basin in Lea County, NM; preparing to mobilize Midland Basin horizontal... More