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Resaca Exploitation, Inc.

Announces Closing of Disposition to Legacy Reserves

Resaca Exploitation, Inc. ("Resaca") announced today the closing of its previously announced disposition of substantially all of Resaca's assets to Legacy Reserves LP as described in the Circular dated May 30, 2013 relating to Resaca's Special Meeting of the Shareholders held on June 25, 2013. A copy of the Circular is also available on the Company's website (www.resacaexploitation.com).  

In addition, as previously announced, Resaca now expects to embark on a voluntary liquidation process and complete the wind up of Resaca.

For further information please contact: Resaca Exploitation, Inc.



J.P. Bryan, Chairman and Chief Executive Officer


+1 713-753-1300

John J. ("Jay") Lendrum, III, Vice Chairman


+1 713-753-1400

Phillip R. Smith, Vice President and Chief Financial Officer


+1 713-753-1335

David Love, Vice President and Treasurer


+1 713-756-1755

Buchanan (Investor Relations)

+44

(0)20 7466 5000

Tim Thompson



Ben Romney



finnCap Limited (Nomad and Broker)

+ 44

(0) 20 7220 0500

Matt Goode, Corporate Finance



Christopher Raggett, Corporate Finance



Victoria Bates, Corporate Broking




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