8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) March 30, 2007

Legacy Reserves
(Exact name of registrant as specified in its charter)

Delaware	1-33249	16-1751069
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

303 W WALL ST, SUITE 1600 MIDLAND, TX	79701
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   (432) 682-2516

________________________________________________________________________________
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
	[   ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[   ]	Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)
	[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

On April 3, 2007, Legacy issued a press release announcing that it entered into natural gas and natural gas liquids swaps related to its previously announced planned acquisition of oil and gas producing interests from Nielson & Associates in the East Binger (Marchand) Unit. A copy of the press release announcing the entry into the natural gas and natural gas liquids swaps is furnished with this report as Exhibit 99.1, and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d)   Exhibits.

Exhibit 99.1      Press Release dated April 3, 2007.

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Legacy Reserves (Registrant)
April 03, 2007 (Date)	/s/   STEVEN H. PRUETT Steven H. Pruett President, Chief Financial Officer and Secretary

Exhibit Index
99.1	Press release dated April 03, 2007

EX-99.1

EXHIBIT 99.1

Legacy Reserves Enters Into Natural Gas And Natural Gas Liquids Swaps Related to Binger Acquisition

MIDLAND, Texas, April 3, 2007 (PRIME NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced it entered into natural gas and natural gas liquids swaps related to its previously announced acquisition. As reported on March 20, 2007, Legacy signed a definitive purchase agreement to acquire oil and gas producing interests from Nielson & Associates in the East Binger (Marchand) Unit and expects it to close in mid-April.

Swaps for natural gas indexed to ANR Pipeline, Oklahoma are tabulated below. The East Binger Unit natural gas sales price is indexed to the ANR Pipeline, Oklahoma index, which trades at a discount range of approximately $0.47-$1.52 to the NYMEX Henry Hub natural gas index.

  ----------------------------------------------------------
  Period                Swap Volumes          Nat. Gas Price
                        (MMBtu)               ($/MMBtu)
  ----------------------------------------------------------
  May-Dec. 2007         181,412               $7.35
  2008                  252,642               $7.59
  2009                  240,000               $7.64
  2010                  135,000               $7.45
  2011                  130,000               $7.23
  ----------------------------------------------------------

Swaps for natural gas liquids priced at Mont Belvieu are tabulated below based on the composition of the natural gas liquids stream recovered by the East Binger Unit processing facility from the produced natural gas. Natural gas liquids sell and trade at a discount to NYMEX WTI oil.

  -----------------------------------------------------
  Period                Swap Volumes          NGL Price
                       (Bbls.)               ($/Bbl)
  -----------------------------------------------------
  May-Dec. 2007         45,468                $48.43
  2008                  59,745                $48.43
  2009                  53,950                $48.43
  -----------------------------------------------------

About Legacy Reserves LP

We are an independent oil and natural gas limited partnership headquartered in Midland, Texas, and are focused on the acquisition and exploitation of oil and natural gas properties primarily located in the Permian Basin of West Texas and southeast New Mexico. Additional information is available at www.LegacyLP.com.

The Legacy Reserves logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3201

CONTACT:  Legacy Reserves LP
          Steven H. Pruett, President and Chief Financial Officer
          (432) 682-2516