Operator · Bakken Shale & Three Forks, Fayetteville Shale & Powder River Basin
Vanguard Natural Resources, Llc
31 articles mentioning Vanguard Natural Resources, Llc · Page 1 of 2
Vanguard Natural Resources Files for Bankruptcy Again
Vanguard Natural Resources, Inc. has filed for bankruptcy. This is the second time the company has filed Chapter 11 - Vanguard emerged from its last bankruptcy filing in Q3 2017. Mr. R. Scott Sloan, President and...
Vanguard Closes Several Asset Sales; Borrowing Base Revised & Hedges Increased
Vanguard Natural Resources has reported several updates including a deal closure, borrowing base determination as well as a hedging update. Deal Closure The Company has closed its previously announced divestments of certain properties in the Permian...
Rockies E&P Plans to Spend $160 Million; Piceance and Arkoma
Vanguard Natural Resources, focused on the Piceance and Arkoma basins, has announced its 2018 capital plans and budget.
Vanguard Unveils 2018 Spending Plans; New CEO Takes Helm
Vanguard has detailed its 2018 capital plan as well as named Richard Scott Sloan as its new President & CEO. The company also detailed three other executive changes. The executive shuffle may be related to the...
Vanguard Brings on New General Counsel / VP of Land
Vanguard Natural Resources has appointed Johnathan C. Curth as its General Counsel, Corporate Secretary and VP of Land. Mr. Curth’s most recent position was the Assistant General Counsel at Newfield Exploration Company.
Vanguard Taps Jefferies as it Explores Strategic Alternatives
Vanguard Natural Resources has tapped Jefferies LLC to assist in exploring strategic alternatives. The company aims to: Reduce financial leverage, expand access to capital, and maximize flexibility to execute on high rate of return growth opportunities;...
Vanguard Emerges from Bankruptcy, New Ops Team
Vanguard Natural Resources has successfully emerged from bankruptcy. Through its financial restructuring and the sale of non-core assets while in Chapter 11, the Company eliminated approximately $820 million of secured and unsecured debt from its balance...
Oxy Bids for Vanguard's Permian Property
We would not be surpised if Parsley joins the bidding...
Vanguard Natural Resources Files for Bankruptcy
The Company would eliminate approximately $708 million in debt under the Company's reserve-based credit facility and senior unsecured debt.
Vanguard Skips Out on $15 Million Interest Payment
Vanguard Natural Resources has elected not to make the approximately $15 million semi-annual interest payment due on October 3, 2016.
Vanguard Using Cash from SCOOP Sale to Fund Pinedale Drilling Ops
Vanguard Natural Resources, LLC reported financial and operational results for the quarter ended June 30, 2016.
Banks Take Axe To Vanguard's Credit Line
Vanguard Natural Resources, LLC is reporting that its revolving credit facility is being decreased to $1.32 Billion down from $1.8 billion (-26%). As of May 6, 2016 the company has $1.42 Billion in outstanding borrowings and...
Vanguard Ups Production 21% in 1Q; Shrinks Spending Plans
Vanguard Natural Resources, LLC reported financial and operational results for the quarter ended March 31, 2016.
Vanguard Details 4Q Results; Outlook for 2016
Vanguard Natural Resources, LLC reported financial and operational results for the full year and fourth quarter ended December 31, 2015.
Vanguard Touts LRR, Eagle Rock Acquisitions in 3Q
Total capital expenditures for the drilling, capital workover and recompletion of oil and natural gas properties were approximately $28.1 million in the third quarter of 2015.
Vanguard Bolsters Piceance, East Texas Holdings in 3Q
Mr. Scott W. Smith, President and CEO, commented, "During the quarter we were very active in the acquisition market with the closing of both the Hunt and Barrett transactions."
Vanguard Touts East TX Acquisition, Non-Op Permian Activity
The company reported average production of 315 MMcfe per day in the second quarter of 2014, up 44% over 219 MMcfe per day produced in the second quarter of 2013.
Vanguard Talks Big Pinedale Acquisition, Future Development Plans
Mr. Scott W. Smith, President and CEO, commented, "Our quarter was highlighted by our $581 million acquisition in the Pinedale field in Wyoming."
Three Forks, Vanguard Join Forces for DJ Basin E&P Project
Three Forks, Inc. has signed an Exploration and Participation Agreement with Vanguard Natural Resources, LLC.
Vanguard Plans Conservative Strategy Going into 2014; Eyes Pinedale Growth
During 2014, Vanguard will concentrate our drilling on low risk, development opportunities with the majority of drilling capital focused on high Btu gas wells and oil wells.