Legacy Reserves

Legacy Reserves has entered into separate agreements with affiliates of Anadarko Petroleum and Western Gas Partners to purchase natural gas properties and gathering assets in east Texas for a combined USD 440 million. The assets, 95% of which are operated, have estimated proved reserves of approximately 420 Bcfe. The acquisition also includes 567 miles of high-pressure pipeline and low-pressure gathering lines and a processing plant with access to five major gas markets.