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 November 16, 2015 - 4:03 PM EST
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Legacy Reserves LP Announces $900 Million Borrowing Base & Upcoming RBC Capital Markets' MLP Conference Participation

MIDLAND, Texas, Nov. 16, 2015 (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 has resulted in a revised borrowing base of $900 million, a $50 million reduction from the previous figure.

Legacy also announced today that Paul Horne, President and Chief Executive Officer, and Dan Westcott, Executive Vice President and Chief Financial Officer, will participate in a discussion panel at the 2015 RBC Capital Markets' MLP Conference in Dallas on Wednesday, November 18, 2015, at 10:20 a.m. Central Time. 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, Rocky Mountain, and Mid-Continent 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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Source: GlobeNewswire (November 16, 2015 - 4:03 PM EST)

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