Company backs out of deal to buy controversial Wyoming assets by Jim Magill, November 29, 2011, Platts.com
Steven Pruett, president and chief financial officer of Midland, Texas-based Legacy Reserves, said Tuesday the company had reached an agreement with Encana to terminate an agreement for Legacy to buy the assets in Fremont County, Wyoming. … Pruett cited “the ongoing groundwater investigation undertaken by EPA” as Legacy’s primary reason for killing the deal.