HRM Resources III, LLC entered into an agreement to acquire certain properties in Green River Basin from Vanguard Natural Resources, Inc. (OTCPK:VNRR) on May 4, 2018. The agreement represents one of the other separate agreements whereby Vanguard will sell properties in Permian Basin, Green River Basin and Mississippi for a total consideration of approximately $60 million. The sale is expected to close in mid-2018. Proceeds from the divestment will be used to pay down outstanding debt on Vanguard’s revolving credit facility. The sale is expected to be accretive to the liquidity position of Vanguard. Anthony Speier, Rahul D. Vashi, Christopher S.C. Heasley, Adam C. Whitehouse, Bryce Joseph Silagy, Tyler J. Dunphy and Daniel Cadis of Kirkland & Ellis LLP acted as legal advisor for Vanguard Natural Resources.