CHARLOTTE, N.C., Feb. 1, 2013 /PRNewswire/ -- Crescent Resources, LLC (the "Company") announced today that the Company and Crescent Ventures, Inc., a wholly owned subsidiary of the Company (together, the "Issuers"), have amended the terms of their previously announced solicitation of consents (the "Consent Solicitation") to amend (the "Proposed Amendments") the indenture governing the Issuers' 10.250% Senior Secured Notes due 2017 (the "Notes"). After discussions with certain of the holders of the Notes regarding the terms of the Consent Solicitation, the Issuers have amended the Consent Solicitation to clarify certain terms defined therein. The Consent Solicitation is scheduled to expire at 5:00 p.m., New York City time, on February 5, 2013, unless extended or earlier terminated. The Consent Solicitation is being made in accordance with the terms and subject to the conditions stated in a Consent Solicitation Statement dated January 29, 2013, as amended by a Supplement No. 1 to Consent Solicitation Statement dated January 31, 2013 (the "Consent Solicitation Statement"), to holders of record at 5:00 p.m., New York City time, on January 28, 2013. Holders of the Notes who have previously submitted a Consent Letter in accordance with the terms set forth in the Consent Solicitation Statement do not need to resubmit their Consent Letter. The Issuers have retained Credit Suisse Securities ( USA) LLC to act as Solicitation Agent in connection with the Consent Solicitation. Questions about the Consent Solicitation may be directed to Credit Suisse at (800) 820-1653 (toll free) or (212) 325-2476 (collect). Requests for copies of the Consent Solicitation Statement and related documents, and assistance relating to the procedures for delivering consents, may be obtained by contacting Global Bondholder Services Corporation, the Information and Tabulation Agent, at (866) 857-2200 (toll free). This press release is not a solicitation of consents, and no recommendation is made, or has been authorized to be made, as to whether or not holders of Notes should consent to the adoption of the Proposed Amendments pursuant to the Consent Solicitation. Each holder of Notes must make its own decision as to whether to give its consent to the Proposed Amendments. The Consent Solicitation is made only by the Consent Solicitation Statement. The Consent Solicitation is not being made to holders of Notes in any jurisdiction in which the making thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.