Vanguard Natural Resources Declares Second Quarter 2009 Distribution
20 July 2009 - 9:00PM
PR Newswire (US)
HOUSTON, July 20 /PRNewswire-FirstCall/ -- Vanguard Natural
Resources, LLC (NYSE:VNR) ("Vanguard" or "the Company") today
announced that its board of directors has declared a second quarter
2009 cash distribution of $0.50 per unit, payable on August 15,
2009 to unitholders of record on July 31, 2009. Based on Vanguard's
current unit price and an annualized distribution of $2.00 per
unit, new investors can earn an attractive yield of approximately
15.5%. About Vanguard Natural Resources, LLC Vanguard Natural
Resources, LLC is a publicly traded limited liability company
focused on the acquisition, production and development of natural
gas and oil properties. The Company's assets consist primarily of
producing and non-producing natural gas and oil reserves located in
the southern portion of the Appalachian Basin, the Permian Basin,
and South Texas. More information on the Company can be found at
http://www.vnrllc.com/. Forward-Looking Statements We make
statements in this news release that are considered forward-looking
statements within the meaning of the Securities Exchange Act of
1934. These forward-looking statements are largely based on our
expectations, which reflect estimates and assumptions made by our
management. These estimates and assumptions reflect our best
judgment based on currently known market conditions and other
factors. Although we believe such estimates and assumptions to be
reasonable, they are inherently uncertain and involve a number of
risks and uncertainties that are beyond our control. In addition,
management's assumptions about future events may prove to be
inaccurate. Management cautions all readers that the
forward-looking statements contained in this news release are not
guarantees of future performance, and we cannot assure you that
such statements will be realized or the forward-looking events and
circumstances will occur. Actual results may differ materially from
those anticipated or implied in the forward-looking statements due
to factors listed in the "Risk Factors" section in our SEC filings
and elsewhere in those filings. All forward-looking statements
speak only as of the date of this news release. We do not intend to
publicly update or revise any forward-looking statements as a
result of new information, future events or otherwise. CONTACT:
Vanguard Natural Resources, LLC Investor Relations Richard Robert,
EVP and CFO, 832-327-2258 DRG&E Jack Lascar/Carol Coale,
713-529-6600 DATASOURCE: Vanguard Natural Resources, LLC CONTACT:
Richard Robert, EVP and CFO, Investor Relations, Vanguard Natural
Resources, LLC, +1-832-327-2258, ; Jack Lascar, or Carol Coale,
both of DRG&E, +1-713-529-6600, for Vanguard Natural Resources,
LLC Web Site: http://www.vnrllc.com/
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