Legacy Reserves' (LGCY) Presents at Bank of America Merrill Lynch Energy and Power Leveraged Finance Conference (Transcript)

Legacy Reserves LP (LGCY) Bank of America Merrill Lynch Energy and Power Leveraged Finance Conference June 3, 2014 10:50 AM ET

Executives

Dan Westcott - EVP and CFO

Analysts

Jimmy Nguyen - BofA Merrill Lynch

Jimmy Nguyen - BofA Merrill Lynch

With us from the company we have Mr. Dan Westcott, Executive Vice President and CFO. Please go ahead.

Dan Westcott

Thanks Jimmy. It’s pleasure to being with you all this morning. As Jimmy said, my name is Dan Westcott; I am the Chief Financial Officer at Legacy Reserves. It’s my pleasure to present a company overview here with you this morning. Before I get started I want to address two quick points. One, I’d like to say thanks to BAML. BAML serves us on a number of capacities on the financial side of our business. They do a great job; the high yield group is no exception. So I want to say thanks to [indiscernible] and that whole group for hosting us here today and for the great service. Also want to thank Kelly for his research and Jim is here as well, thanks Jim for just a great relationship. Second point is forward looking statements. I know that, I am hopeful that that is a least exciting slide in our presentation today but as a public company that’s an important slide so I’d ask you to read it, take it seriously and treat it appropriately.

With that I’ll dive into the presentation of the company and then and that’s going to be real quick. What I want to spend most of our time on this morning is talking about our recent events and that’s namely our transaction with WPX. Throughout the slides I am hopeful that you come away with really four recurring themes; one is our assets are stable