Vanguard Natural Resources Closes on Natural Gas and Liquids Properties in Colorado and Wyoming

Vanguard Natural Resources

(“Vanguard” or “the Company”) today announced that on December 31, 2012 it consummated the previously announced acquisition of natural gas and liquids assets from Bill Barrett Corporation for an adjusted purchase price of $328.8 million, subject to customary final post-closing adjustments. The effective date of the acquisition is October 1, 2012. The Company expects the following significant benefits from the acquisition: Immediately accretive to distributable cash flow; Company estimated proved reserves of approximately 300 Bcfe (80% proved developed and 86% natural gas);