Vanguard Natural Resources, LLC Announces Four Monthly Cash Distributions
November 20 2015 - 4:10PM
Vanguard Natural Resources, LLC (NASDAQ:VNR) (“Vanguard”) has
declared a cash distribution attributable to the month of October
2015 of $0.1175 per unit ($1.41 on an annual basis) payable on
December 15, 2015 to unitholders of record on December 1,
2015. Vanguard has also declared cash distributions for its
7.875% Series A Cumulative Redeemable Perpetual Preferred Units
(NASDAQ:VNRAP) of $0.1641 per unit, its 7.625% Series B Cumulative
Redeemable Perpetual Preferred Units (NASDAQ:VNRBP) of $0.15885 per
unit, and its 7.75% Series C Cumulative Redeemable Perpetual
Preferred Units (NASDAQ:VNRCP) of $0.16146 per unit, all payable on
December 15, 2015 to unitholders of record on December 1, 2015.
About Vanguard Natural Resources,
LLC
Vanguard Natural Resources, LLC is a
publicly traded limited liability company focused on the
acquisition, production and development of oil and natural gas
properties. Vanguard’s assets consist primarily of producing and
non-producing oil and natural gas reserves located in
the Green River Basin in Wyoming, the Arkoma
Basin in Arkansas and Oklahoma, the Anadarko Basin in
Oklahoma and North Texas, the Permian Basin in West
Texas and New Mexico, the Big Horn Basin
in Wyoming and Montana, the Piceance
Basin in Colorado, the Gulf Coast Basin in
Texas, Louisiana and Mississippi, the Williston
Basin in North Dakota and Montana, the Wind
River Basin in Wyoming and the Powder River
Basin in Wyoming. More information on Vanguard can be
found at www.vnrllc.com.
Forward-Looking Statements
We make statements in this news release that are
considered forward-looking statements within the meaning of the
Securities Exchange Act of 1934. These forward-looking statements
are largely based on our expectations, which reflect estimates and
assumptions made by our management. These estimates and assumptions
reflect our best judgment based on currently known market
conditions and other factors. Although we believe such estimates
and assumptions to be reasonable, they are inherently uncertain and
involve a number of risks and uncertainties that are beyond our
control. In addition, management's assumptions about future events
may prove to be inaccurate. Management cautions all readers that
the forward-looking statements contained in this news release are
not guarantees of future performance, and we cannot assure you that
such statements will be realized or the forward-looking events and
circumstances will occur. Actual results may differ materially from
those anticipated or implied in the forward-looking statements due
to factors listed in the "Risk Factors" section in our SEC filings
and elsewhere in those filings. All forward-looking statements
speak only as of the date of this news release. We do not intend to
publicly update or revise any forward-looking statements as a
result of new information, future events or otherwise.
This press release is intended to be a qualified
notice under Treasury Regulation Section 1.1446-4(b). Brokers and
nominees should treat one hundred percent (100.0%)
of Vanguard's distributions to non-U.S. investors as being
attributable to income that is effectively connected with a United
States trade or business. Accordingly, Vanguard’s
distributions to non-U.S. investors are subject to federal income
tax withholding at the highest applicable effective tax rate.
INVESTOR RELATIONS CONTACT:
Vanguard Natural Resources, LLC
Lisa Godfrey, 832-327-2234
Director, Investor Relations
investorrelations@vnrllc.com