Vanguard Natural Resources, LLC Announces Common Unit Distribution and Preferred Unit Distributions
February 18 2016 - 5:15PM
Vanguard Natural Resources, LLC (NASDAQ:VNR) (“Vanguard”) has
declared a cash distribution attributable to the month of January
2016 of $0.03 per common unit ($0.36 per unit on an annual basis)
payable on March 15, 2016 to common unitholders of record on March
1, 2016. 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
March 15, 2016 to unitholders of record on March 1, 2016.
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 Permian
Basin in West Texas and New Mexico,
the Gulf Coast Basin in
Texas, Louisiana, Mississippi and Alabama, the Anadarko
Basin in Oklahoma and North Texas, the Piceance
Basin in Colorado, the Big Horn Basin
in Wyoming and Montana, the Arkoma
Basin in Arkansas and Oklahoma, 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 StatementsWe
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