Legacy Reserves LP (NASDAQ:LGCY) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.
proxy statement for its 2017 Annual Meeting of Unitholders to be
held on May 16, 2017 (the Annual Meeting) to its unitholders of
record as of March 21, 2017. In order to provide Legacy’s
unitholders and others with a fully-updated Legacy partnership
agreement prior to the Annual Meeting, the Board of Directors of
Legacy’s general partner, Legacy Reserves GP, LLC, has approved,
in accordance with Section 13.1 of the Fourth Amended and Restated
Agreement of Limited Partnership of Legacy Reserves LP, as amended
(the Fourth Amended and Restated Partnership Agreement), the Fifth
Amended and Restated Agreement of Limited Partnership of Legacy
Reserves LP (the Fifth Amended and Restated Partnership Agreement).
The Fifth Amended and Restated Partnership Agreement incorporates
the amendments to the Fourth Amended and Restated Partnership
Agreement which were approved by Legacy’s unitholders at Legacys
2016 Annual Meeting of Unitholders and set forth in the Amendment
No. 1 dated May 10, 2016, changes to the Fourth Amended and
Restated Partnership Agreement to reflect the passage of time,
certain tax law updates, the removal of provisions that are no
longer applicable and corrections of typographical errors, all as
more fully set forth in Exhibit 3.1 attached hereto. The Fifth
Amended and Restated Partnership Agreement was executed on April
10, 2017.
Agreement contained in this Item 5.03 is qualified in its entirety
by reference to the full text of the Fifth Amended and Restated
Partnership Agreement, which is filed as Exhibit 3.1 hereto and is
incorporated by reference herein.
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Exhibit Number
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Description
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Exhibit 3.1
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Fifth Amended and Restated Agreement of Limited
Partnership of Legacy Reserves LP. |
About Legacy Reserves LP (NASDAQ:LGCY)
Legacy Reserves LP (Legacy) is a master limited partnership company. The Company is focused on the acquisition and development of oil and natural gas properties located in the Permian Basin, Rocky Mountain and Mid-Continent regions of the United States. The Company has proved reserves of approximately 164.2 million barrels of crude oil equivalent (MMBoe), of which over 73% are natural gas, approximately 27% are oil and natural gas liquids (NGLs) and over 97% are classified as proved developed producing. The Company has completed approximately 140 acquisitions of oil and natural gas properties. It owns interests in producing oil and natural gas properties in over 720 fields in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma and several other states. Legacy’s fields and regions include East Texas, Spraberry/War San, Piceance Basin, Lea, Texas Panhandle, Deep Rock, Shafter Lake, Jalmat, Winchester and Denton. Legacy Reserves LP (NASDAQ:LGCY) Recent Trading Information
Legacy Reserves LP (NASDAQ:LGCY) closed its last trading session up +0.01 at 2.33 with 106,607 shares trading hands.
