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Legacy Reserves CEO Discusses Q4 2010 Results - Earnings Call Transcript

Legacy Reserves LP (LGCY)

Q4 2010 Earnings Call

March 3, 2011 9:30 AM ET


Steven Pruett – President, CFO and Secretary

Cary Brown – Chairman and CEO

Paul Horne – EVP, Operations

Kyle McGraw – EVP, Business Development and Land


Kevin Smith – Raymond James

Bernard Colson – Oppenheimer

Ethan Bellamy – Robert W. Baird

Michael Blum – Well Fargo

Chad Potter – RBC Capital Markets

John Cusick – Wunderlich



Ladies and gentlemen, thank you for standing by. Welcome to the Legacy Reserves Fourth Quarter and Annual 2010 Results Conference Call. Your speakers for today are Cary Brown, Chairman and Chief Executive Officer; and Steve Pruett, President, and Chief Financial Officer. (Operator Instructions) As a reminder this call is being recorded today, March 3 of 2011.

I’ll now turn the conference over to Mr. Pruett.

Steven Pruett

Welcome everyone to Legacy Reserve LP’s fourth quarter and annual 2010 earnings call. Before we begin, we’d like to remind you that during the course of this call, Legacy management will make certain statements concerning the future performance of Legacy and other statements that will be forward-looking as defined by Securities laws.

These statements reflect our current views with regard to future events and are subject to various risks uncertainties and assumptions. Actual results may materially differ from those discussed in these forward-looking statements and you should refer to the additional information contained in Legacy Reserves LP’s Form 10-K for the year ended December 31, 2010, which will be released on March 4, and subsequent reports filed with the Securities and Exchange Commission. And we also refer you to our earnings release that’s available on various websites including Legacy’s site for greater discloser.

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