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Antero Resources Corp T.AR


Primary Symbol: AR

Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.


NYSE:AR - Post by User

Bullboard Posts
Post by bil40on Jan 28, 2015 4:16pm
217 Views
Post# 23374105

Canadian Gold Junior Takeover Targets

Canadian Gold Junior Takeover TargetsCould 2015 be a comeback year for gold stocks? The precious metal’s price is up more than 9% year to date (recently breaking US$1300) and oil costs are way down from a year ago, all of which should equate to more cash and higher stock prices for gold miners looking to add ounces via an acquisition or two. Goldcorp’s (TSX: G) C$526 million takeover of Probe Mines Limited (TSXV: PRB), announced on January 19, 2015, may have sent markets a message that Canada is the desired destination for gold project development. After all, less than a year ago Goldcorp was willing to pay more than C$3 billion for Quebec’s Osisko Mining before losing out to Yamana Gold and Agnico Eagle Mines. By spending just $526 million on Probe, one could imagine that Goldcorp may have other acquisitions in mind, perhaps a producing one. As well, other miners could be set to snap up one of the remaining good gold projects for itself. The following companies have greater appeal now that Probe Mines is off the market: Argonaut Gold Inc. (TSX: AR): The majority of Argonaut’s assets are in Mexico, with its producing El Castillo Mine in Durango and La Colorada Mine in Sonora, although it does have a development stage Magino project in northern Ontario. As of September 30, 2014, the company had $45 million in cash and $5 million in debt. Argonaut has a Measure and Indicated gold resource of approximately 11.5 million ounces and for 2015 it expects to produce 135,000 to 145,000 gold equivalent ounces at total cash costs of $700 to $750 per gold ounce sold. Seeing that Goldcorp also has operations in both Mexico and Ontario, Argonaut would appear to have been a more appealing acquisition target given its market cap of just $435 million. Shares of Argonaut Gold have surged 54% so far in 2015 to its current price of $2.82.
Bullboard Posts