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Vero Energy Inc.

09:51 AM EST - Vero Energy Inc. : announced today that it has entered into an asset purchase and sale agreement for the divestiture of certain natural gas assets of the Company to a private oil and gas company for gross proceeds of $209 million, subject to closing adjustments. Closing of the Transaction is anticipated to occur on or about January 31, and is subject to customary conditions for an asset divestiture of this nature. Vero Energy Inc. shares V.VRO are trading up $0.52 at $2.60.