2nd Mar 2010 15:17
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FOR IMMEDIATE release |
2 March 2010 |
Resaca Exploitation, Inc.
("Resaca" or the "Company")
Holding in Company
The Company was informed on 1 March 2010 that Legal & General Group plc was directly and indirectly interested in 9,997,108 shares of common stock in Resaca, representing 10.31% of the issued common shares. Within this holding, the direct interest is in 3,000,000 common shares (3.09%) and the indirect interest is in 6,997,108 common shares (7.22%).
For further information please contact:
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Resaca Exploitation, Inc. |
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J.P. Bryan, Chairman |
+1 713-753-1300 |
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John J. ("Jay") Lendrum, III, Chief Executive Officer |
+1 713-753-1400 |
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Dennis Hammond, President and Chief Operating Officer |
+1 713-753-1281 |
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Chris Work, Chief Financial Officer |
+1 713-753-1406 |
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Buchanan Communications (Investor Relations) |
+44 (0) 20 7466 5000 |
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Tim Thomson Catherine Breen Katharine Sutton |
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Seymour Pierce Limited (Nomad and Joint Broker) |
+44 (0) 20 7107 8000 |
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Jonathan Wright Richard Redmayne |
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RBC Capital Markets (Joint Broker) |
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Martin Eales |
+44 (0) 20 7029 7881 |
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Brett Jacobs |
+44 (0) 20 7002 2091 |
About Resaca
Resaca is an independent oil and gas development and production company based in Houston, Texas. Resaca is focussed on the acquisition and exploitation of long-life oil and gas properties, utilizing a variety of primary, secondary and tertiary recovery techniques. Resaca's current properties are located in the Permian Basin of West Texas and Southeast New Mexico. Additional information is available at www.resacaexploitation.com.
Related Shares:
Legal & General