Vanguard Natural Resources Declares Quarterly Distribution

Share Name	Share Symbol	Market	Type
Vanguard Natural Resources Llc (MM)	NASDAQ:VNR	NASDAQ	Common Stock

Share Name

Share Symbol

Market

Type

Vanguard Natural Resources Llc (MM)

NASDAQ:VNR

NASDAQ

Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	0.20	0.193	0.195				0	01:00:00

Price Change

% Change

Share Price

Bid Price

Offer Price

High Price

Low Price

Open Price

Shares Traded

Last Trade

0.00

0.00%

0.20

0.193

0.195

01:00:00

Vanguard Natural Resources Declares Quarterly Distribution

21/04/2009 11:00am

PR Newswire (US)

Vanguard Natural Resources Llc (MM) (NASDAQ:VNR)
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HOUSTON, April 21 /PRNewswire-FirstCall/ -- Vanguard Natural Resources, LLC (NYSE Arca: VNR) ("Vanguard" or "the Company") today announced that its board of directors has declared a cash distribution attributable to the first quarter of 2009 of $0.50 per unit, payable on May 15, 2009 to unitholders of record on April 30, 2009. Based on Vanguard's current unit price and an annualized distribution of $2.00 per unit, new investors can earn an attractive yield of approximately 17.9%. Mr. Scott W. Smith, President and CEO, commented, "Thanks to our attractive hedging strategy, which continues to protect our cash flow and liquidity from the current volatile commodity prices, we are pleased to maintain our quarterly distribution at the $0.50 per unit level. Our primary objectives continue to be centered on maximizing the productivity of our assets and managing our capital expenditures in order to preserve distributable cash flow." 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 http://www.vnrllc.com/. Forward-Looking Statements We make statements in this news release that are considered forward-looking statements within the meaning of the Securities Exchange Act of 1934. These forward-looking statements are largely based on our expectations, which reflect estimates and assumptions made by our management. These estimates and assumptions reflect our best judgment based on currently known market conditions and other factors. Although we believe such estimates and assumptions to be reasonable, they are inherently uncertain and involve a number of risks and uncertainties that are beyond our control. In addition, management's assumptions about future events may prove to be inaccurate. Management cautions all readers that the forward-looking statements contained in this news release are not guarantees of future performance, and we cannot assure you that such statements will be realized or the forward-looking events and circumstances will occur. Actual results may differ materially from those anticipated or implied in the forward-looking statements due to factors listed in the "Risk Factors" section in our SEC filings and elsewhere in those filings. All forward-looking statements speak only as of the date of this news release. We do not intend to publicly update or revise any forward-looking statements as a result of new information, future events or otherwise. CONTACT: Vanguard Natural Resources, LLC Investor Relations Richard Robert, EVP and CFO, 832-327-2258 DRG&E Jack Lascar/Carol Coale, 713-529-6600 DATASOURCE: Vanguard Natural Resources, LLC CONTACT: Investor Relations, Richard Robert, EVP and CFO of Vanguard Natural Resources, LLC, +1-832-327-2258, ; or Jack Lascar or Carol Coale, both of DRG&E, +1-713-529-6600, for Vanguard Natural Resources, LLC Web Site: http://www.vnrllc.com/

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