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Vanguard Natural Resources, LLC and Encore Energy Partners LP Announce Closing of Permian Basin Acquisition

HOUSTON--(BUSINESS WIRE)--Vanguard Natural Resources, LLC (NYSE: VNR) (“VNR”) and Encore Energy Partners LP (NYSE: ENP) (“ENP”) today announced that on July 29, 2011 they consummated the previously announced joint acquisition of oil and natural gas producing properties from an undisclosed seller for an adjusted purchase price of $81.4 million, subject to customary post-closing adjustments. The effective date of the acquisition was May 1, 2011.