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This company acquires, exploits, develops, and operates oil and natural gas properties in North America. The company's properties are located in the Permian Basin region in west Texas and southeast New Mexico; the Mid-Continent region in Oklahoma and east Texas; and the Gulf Coast region in Texas. As of March 31, 2011, its total estimated proved reserves were approximately 30.3 million barrels of oil equivalent. LRE GP, LLC serves as the general partner of the company. LRR Energy, L.P. was founded in 2011 and is based in Houston, Texas.