Penn Virginia Resource (PVR) Prices 7M Offering at $24.55/Unit

Penn Virginia Resource Partners, L.P. (NYSE: PVR) today announced the pricing of the public offering of 7,000,000 common units representing limited partner interests in PVR. The common units were priced at $24.55 per unit. In connection with the offering, PVR granted the underwriters a 30-day option to purchase a maximum of 1,050,000 additional common units to cover over-allotments, if any. PVR expects to close the sale of the common units on November 18, 2011, subject to customary closing conditions.

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