May 2011, Vol. 238 No. 5

Projects

Three Legend Partnerships Merged Into Single Holding Company

The Legend Natural Gas partnerships, composed of Legend Natural Gas II, LP, Legend Natural Gas III, LP and Legend Natural Gas IV, LP, along with their equity sponsor Riverstone Holdings LLC, executred several transactions aimed at increasing reserves and production, improving operational and administrative efficiencies and positioning Legend for future growth. Chief among the transactions: • The three existing Legend partnerships were contributed into a new holding company called Legend Production Holdings, LLC.. • Immediately following the contribution, Legend closed on its previously announced purchase of a subsidiary of Range Resources Corporation’s Barnett

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