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News Breaks | | | | November 15, 2012 | | 07:24 EDT |  | VNR | Vanguard Natural to acquire properties in Montana for $131M
Vanguard Natural Resources has entered into a definitive agreement with an undisclosed seller to acquire certain non-operated oil and natural gas assets in Montana for a purchase price of $131M. However, the properties under the agreement are subject to a third party’s preferential right to purchase, which expires thirty days after notice. The properties are located in the Bakken trend and are characterized by mature oil production with some associated natural gas production. The properties will be immediately accretive to cash flow and have current net production of approximately 1,100 BOE per day. The effective date of the acquisition is August 1, 2012 and the company anticipates closing this acquisition on or before December 31. | |
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News For VNR From The Last 14 Days Check below for free stories on VNR the last two weeks. |
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| May 22, 2013 | | 07:26 EDT |  | VNR | National Association of Publicly Traded Partnerships to host a conference
2013 MLP Investor Conference is being held in Stamford, CT on May 21-23 with webcasted company presentations to begin on May 22 at 8 am; not all company presentations may be webcasted. Webcast Link | | | May 13, 2013 | | 07:37 EDT | | VNR | BofA/Merrill to host a conference
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