Vanguard Natural to buy oil, gas assets for $78.3 ml

venerdì 21 dicembre 2007 23:06
 

Dec 21 (Reuters) - Vanguard Natural Resources LLC (VNR.P: Quotazione) said it agreed to buy oil and natural gas properties in Texas and New Mexico from Apache Corp (APA.N: Quotazione) for $78.3 million.

The properties to be acquired have total estimated proved reserves of 4.4 million barrels of oil equivalent as of October 1, the company said in a statement. (Reporting by Sanjay Vijayakumar in Bangalore; Editing by Gopakumar Warrier)