Exhibit 99.1

FOR IMMEDIATE RELEASE

PVR PARTNERS, L.P. ANNOUNCES

PRICING OF PUBLIC OFFERING OF 6,500,000 COMMON UNITS

RADNOR, PA – November 9, 2012 . . . PVR Partners, L.P. (NYSE: PVR) today announced the pricing of the public offering of 6,500,000 common units representing limited partner interests in PVR. The common units were priced at $23.11 per unit. In connection with the offering, PVR granted the underwriters a 30-day option to purchase a maximum of 975,000 additional common units to cover over-allotments, if any. PVR expects to close the sale of the common units on November 15, 2012, subject to customary closing conditions.

PVR estimates that the net proceeds from the offering will be approximately $144.0 million (or $165.5 million if the underwriters exercise in full their option to purchase additional common units) after deducting underwriting discounts and commissions and estimated expenses, and intends to use all of the net proceeds from the offering to repay a portion of the borrowings outstanding under its revolving credit facility.

Wells Fargo Securities, BofA Merrill Lynch, Barclays, Citigroup, J.P. Morgan, RBC Capital Markets and UBS Investment Bank are acting as joint book-running managers in connection with the offering. BB&T Capital Markets is acting as a co-manager in connection with the offering. Copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained from the underwriters as follows:

Wells Fargo Securities

Attention: Equity Syndicate Department

375 Park Avenue

New York, New York 10152

Telephone: (800) 326-5897

Email: cmclientsupport@wellsfargo.com

BofA Merrill Lynch

222 Broadway

New York, New York 10038

Attn: Prospectus Department

Email: dg.prospectus_requests@baml.com

Barclays

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, New York 11717

Telephone: (888) 603-5847

Email: Barclaysprospectus@broadridge.com

Citigroup

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, New York 11717

Telephone: (800)831-9146

J.P. Morgan

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, New York 11717

Telephone: (866) 803-9204

RBC Capital Markets

Attn: Prospectus Department

3 World Financial Center

200 Vesey Street, 8th Floor

New York, New York 10281

Telephone: (877) 822-4089

UBS Investment Bank

Attn: Prospectus Department

299 Park Avenue

New York, New York 10171

Telephone: (888) 827-7275

An electronic copy of the preliminary prospectus supplement and the accompanying base prospectus is available from the Security and Exchange Commission’s (the “SEC”) website at http://www.sec.gov.

The common units will be offered and sold pursuant to an effective shelf registration statement previously filed by PVR with the SEC. This news release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The offering may be made only by means of a prospectus supplement and the accompanying base prospectus.

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PVR Partners, L.P. (NYSE: PVR) is a publicly traded limited partnership which owns and operates a network of natural gas midstream pipelines and processing plants, and owns and manages coal and natural resource properties. Our midstream assets, located principally in Texas, Oklahoma and Pennsylvania, provide gathering, transportation, compression, processing, dehydration and related services to natural gas producers. Our coal and natural resource properties, located in the Appalachian, Illinois and San Juan basins, are leased to experienced operators in exchange for royalty payments.

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This press release includes “forward-looking statements” within the meaning of federal securities laws. All statements, other than statements of historical facts, included in this release that address activities, events or developments that PVR expects, believes or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements can be identified by words such as “anticipates,” “believes,” “expects,” “estimates,” “forecasts,” “projects,” “should”

and other similar expressions. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside PVR’s ability to control or predict, which could cause results to differ materially from those expected by management. Such risks and uncertainties include, but are not limited to, regulatory, economic and market conditions, our ability realize the anticipated benefits from the acquisition of Chief Gathering LLC, the timing and success of business development efforts and other uncertainties. Additional information concerning these and other factors can be found in our press releases and public periodic filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2011 and most recently filed Quarterly Reports on Form 10-Q. Readers should not place undue reliance on forward-looking statements, which reflect management’s views only as of the date hereof. We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.