Wohl & Fruchter Commences Investigation into Buyout Offer of Vanguard Natural Resources LLC for Encore Energy Partners LP

NEW YORK--(BUSINESS WIRE)--The law firm of Wohl & Fruchter LLP has commenced an investigation into the offer extended by Vanguard Natural Resources LLC (NYSE: VNR) to Encore Energy Partners LP (NYSE: ENP) to acquire the publicly-held common units of ENP through a unit-for-unit exchange.

On March 24, 2011, VNR proposed to exchange 0.72 VNR common units for each ENP common unit. At the companies’ respective closing prices on March 23, this offer valued ENP at $23.10 – a discount to ENP’s closing price.

VNR, through its subsidiaries, controls ENP and appoints the directors of its general partner. Wohl & Fruchter’s investigation concerns the fairness of VNR’s offer and the adequacy of the procedures adopted by ENP to respond to the offer.

Additional information is available at www.wohlfruchter.com/cases/enp.

Persons with relevant information, and ENP unitholders with questions about this investigation, are invited to contact our Firm.

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Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

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