Legend Natural Gas
15021 Katy Freeway , Suite 200, Houston, Texas, United States

Legend Production Holdings, LLC, is a holding company composed of Legend Natural Gas II, LP, Legend Natural Gas III, LP, and Legend Natural Gas IV, LP. Legend Production is headquartered in Houston, Texas and is focused on acquiring and developing long-lived oil and natural gas properties primarily in prolific basins around Texas, including areas of South Texas, the Fort Worth Basin (Barnett Shale) and the Permian Basin.

Legend now owns an interest in approximately 800 operated, producing wells located in three core areas: the Fort Worth Basin, the Permian Basin and South Texas. Legend Production expects to increase production through efficient development of its proved reserve base, disciplined exploration and strategic acquisitions. Legend Production is currently exploring and developing its acreage position in the emerging Bone Spring/Avalon/Wolfcamp shale plays of the Delaware Basin in New Mexico and West Texas.

History

The first Legend partnership, Legend Natural Gas, LP, was formed in 2001 by James A. Winne III and Michael Becci. It was the first portfolio company funded by Riverstone/Carlyle Global Energy and Power Funds in the exploration and production sector. The partnership acquired and developed producing properties in South Texas until the sale of its assets to Chesapeake Energy in 2004. Legend Natural Gas II was then formed in 2004 followed by the formation of Legend Natural Gas III, LP in 2006 and Legend Natural Gas IV, LP in 2009. These Legend partnerships continue today as Legend Production Holdings. The relationship between Legend and Riverstone is the longest of any Riverstone portfolio company. Riverstone has invested $1 billion in upstream assets through the various Legend partnerships.