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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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