Vanguard Natural Resources Provides Update on Bakken Assets
Source: www.gulfoilandgas.com 12/19/2012, Location: North America
Vanguard Natural Resources, LLC announced a third party chose to exercise their preferential rights to purchase certain non-operated oil and natural gas assets in the Bakken trend of Montana. The Company had previously announced entering into a definitive agreement in November with an undisclosed seller to acquire these Bakken assets for a purchase price of $131.0 million.