Western Gas Resources calls notes

Pittsburgh, May 25 - Western Gas Resources Inc. announced Tuesday that its board of directors has approved the redemption of all of its outstanding $155 million of 10% senior subordinated notes due 2009 at a price of 105% of par plus accrued and unpaid interest through the redemption date.

The notes will be redeemed on June 24.

Funding for the redemption will come from the company's revolving credit facility and its shelf agreement with Prudential Insurance Co.

Denver-based Western Gas Resources is an independent natural gas explorer, producer, gatherer, processor, transporter and energy marketer located primarily in Wyoming.

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