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Legacy Reserves LP Announces Reaffirmed $600 Million Borrowing Base & Participation at Upcoming IPAA 2017 OGIS New York Conference

MIDLAND, Texas, March 30, 2017 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (Nasdaq:LGCY) today announced the semi-annual borrowing base review under its $1.5 billion secured revolving credit facility resulted in the reaffirmation of its previous borrowing base of $600 million.

Legacy also announced today that Paul Horne, Chairman, President and Chief Executive Officer, Dan Westcott, Executive Vice President and Chief Financial Officer, and Kyle Hammond, Executive Vice President and Chief Operating Officer, will participate in IPAA’s 2017 Oil and Gas Investment Symposium (OGIS) held in New York April 3-4, 2017.  The partnership will present on Tuesday, April 4, 2017 at 4:40 p.m. Eastern Time.  The webcast and presentation slides will be available on Legacy's website at www.LegacyLP.com.

About Legacy Reserves LP

Legacy Reserves LP is a master limited partnership headquartered in Midland, Texas, focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, East Texas, Mid-Continent and Rocky Mountain regions of the United States. Additional information is available at www.LegacyLP.com.

CONTACT:
Legacy Reserves LP
Dan Westcott
Executive Vice President and Chief Financial Officer
432-689-5200

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