About PetroLegacy Energy:

PetroLegacy Energy is a privately-held exploration and production company based in Austin, Texas. PetroLegacy Energy III, LLC was formed in June 2023. The Company is actively pursuing the acquisition and development of oil and gas properties.

Petrolegacy History

  • April 2016: PetroLegacy Energy I was formed to operate an East Texas Eagle Ford position in Lee County, TX

  • September 2016: PetroLegacy Energy II, LLC is formed

  • April 2017: PetroLegacy Energy II, LLC enters the Midland Basin through an acquisition of producing properties and acreage in Martin County, TX

  • July 2017: Divested from the Eagle Ford Position

  • June 2023: Divested from the Midland Basin position

  • June 2023: PetroLegacy Energy III, LLC is formed

Corporate Mission:

Our team is committed to generating stakeholder value through responsibly developing unconventional oil & gas resources.

Strategy:

Leveraging our integrated subsurface expertise and development track record in an unconventional marketplace. Our acquire and exploit strategy is grounded in subsurface analysis, risk mitigation, and operational excellence.

Corporate Values:

  • Integrity: Always do it the right way, not the easy way.

  • Trust: We build trust through transparency.

  • Technical Excellence: Creating value through analysis, tackling uncertainty, and flawless execution.

  • Employee Satisfaction: We are developing leaders through teamwork, challenge, accountability, and respect.