HOUSTON, Oct. 21 /PRNewswire-FirstCall/ -- Vanguard Natural Resources, LLC (NYSE: VNR) ("Vanguard" or "the Company") today announced that its board of directors has declared a third quarter 2009 cash distribution of $0.50 per unit, payable on November 13, 2009 to unitholders of record on November 6, 2009. Based on Vanguard's closing unit price on October 20, 2009 of $18.30 and an annualized distribution of $2.00 per unit, new investors can earn an attractive yield of approximately 11%.
About Vanguard Natural Resources, LLC
Vanguard Natural Resources, LLC is a publicly traded limited liability company focused on the acquisition, production and development of natural gas and oil properties. The Company's assets consist primarily of producing and non-producing natural gas and oil reserves located in the southern portion of the Appalachian Basin, the Permian Basin, and South Texas. More information on the Company can be found at www.vnrllc.com.
CONTACT: Vanguard Natural Resources, LLC Investor Relations Richard Robert, EVP and CFO, 832-327-2258 investorrelations@vnrllc.com DRG&E Jack Lascar/Carol Coale, 713-529-6600
SOURCE Vanguard Natural Resources, LLC