Exploration & Production | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Vanguard Plans Conservative Strategy Going into 2014; Eyes Pinedale Growth
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Vanguard Natural Resources, LLC reported financial and operational results for the full year and fourth quarter ended December 31, 2013.
Mr. Scott W. Smith, President and CEO, commented, "This year the Company continued to execute on our conservative strategy to acquire quality assets which serve as the foundation of our Master Limited Partnership model. With the recent closing of our previously announced Pinedale acquisition, we have established a position in a world class natural gas property with a substantial inventory of high return drilling projects that will deliver long-term benefits to our unitholders. We are looking forward to building upon this successful acquisition in 2014 as the market for high quality assets looks bright for the balance of the year."
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