December 21, 2007 / 10:11 PM / in 10 years

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

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

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