One-Page Deal Sheet
Vanguard Natural Resources Signs Agreement to Acquire South Texas Property
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Vanguard Natural Resources, LLC today announced it has signed a definitive agreement to acquire natural gas properties in South Texas for $53.4 million ($32.04 million in cash and $21.36 million of equivalent VNR units) from an affiliate of the Lewis Energy Group ("Lewis"). The properties to be acquired have total estimated net proved reserves of 20 Bcfe as of June 1, 2008, of which approximately 98% is natural gas and 65% is proved developed. These reserves have a 1,150 Btu content. Lewis will continue to operate all of the wells acquired in this transaction and will continue to operate the…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
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Click here | Texas | E&P |
| Jan-08-2026 |
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Click here | Texas | E&P |
| Dec-05-2024 |
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Click here | Texas | E&P |
| May-16-2024 |
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Click here | Texas | E&P |
| Nov-03-2022 |
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Click here | Texas | E&P |
