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VNRRQ - Vanguard Natural Resources Inc News Story

$0.015 0.0  11.1%

Last Trade - 16/07/19

Sector
Energy
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £312.8m
Position in Universe th / 6376

BRIEF-Vanguard Natural Resources Executed Agreement For Sale Of Its Ownership In Arkoma Basin Of Arkansas

Thu 13th September, 2018 9:35pm
Sept 13 (Reuters) - Vanguard Natural Resources Inc
 VNRR.PK :
    * VANGUARD NATURAL RESOURCES - EXECUTED A PURCHASE AND SALE
AGREEMENT FOR SALE OF ITS OWNERSHIP IN NATURAL GAS PROPERTIES IN
ARKOMA BASIN OF ARKANSAS
    * VANGUARD NATURAL RESOURCES - ARKOMA BASIN PROPERTIES
INCLUDE
OPERATED & NON-OPERATED WORKING INTERESTS, WITH CURRENT
PRODUCTION OF ABOUT 8 MMCF PER DAY
    * VANGUARD NATURAL RESOURCES - CLOSED DIVESTMENT OF FIVE
PRODUCING
WELLS AND ASSOCIATED UNDEVELOPED ACREAGE IN DJ BASIN IN WELD
COUNTY, COLORADO
    * VANGUARD NATURAL RESOURCES - TOTAL GROSS PROCEEDS FOR
ARKOMA
BASIN AND DJ BASIN TRANSACTIONS IS APPROXIMATELY $14.5 MILLION
    * VANGUARD NATURAL RESOURCES - PROCEEDS FROM SALE OF
PROPERTIES
WILL BE USED TO FURTHER REDUCE DEBT UNDER CO'S REVOLVING CREDIT
FACILITY

Source text for Eikon:  ID:nPncd5xna 
Further company coverage:  VNRR.PK 

 (Reuters.Briefs@thomsonreuters.com)
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