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Vanguard Natural Resources posts $5.9 million of February net income
By Caroline Salls
Pittsburgh, March 31 – Vanguard Natural Resources, LLC reported $5.9 million of net income for February on $44.5 million in revenue, according to its monthly operating report filed Friday with the Securities and Exchange Commission.
The company had $51.66 million in cash as of Feb. 28.
Vanguard is a Houston-based oil and gas exploration and development company. The company filed for bankruptcy on Feb. 1 in the U.S. Bankruptcy Court for the Southern District of Texas under Chapter 11 case number 17-30560.
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