Vanguard Natural Resources (VNR +0.5%) closes the purchase of natural gas and liquids properties...

|About: Vanguard Natural Resources,... (VNR)|By:, SA News Editor

Vanguard Natural Resources (VNR +0.5%) closes the purchase of natural gas and liquids properties from Bill Barrett (BBG +1.2%) for ~$328M, and says the acquisitions would immediately add to cash flow. The properties hold proved reserves equal to ~300B cu. ft. of gas and current production of ~65M cu. ft./day from 2,822 wells.