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Vanguard Details 2012 Expansion, Financials

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Vanguard Details 2012 Expansion, Financials

Vanguard Natural Resources LLC reported financial and operational results for the full year and fourth quarter ended December 31, 2012.

Mr. Scott W. Smith, President and CEO, commented, "We had a very busy year in 2012 as we closed almost $800 million in acquisitions and expanded our operating presence into new areas upon which we can continue to build in the future. In addition, with the announcement of the Range Permian acquisition, we are well on our way to having a successful 2013 on the acquisition front. Deal flow continues to be encouraging and with the liquidity we generated through our recent bond and equity offerings we have ample financial resources to be opportunistic. We are also proud that we delivered another year of increased distributions per unit to our unitholders and…

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