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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

Comment by zzthnxon Sep 12, 2020 10:01pm
457 Views
Post# 31549217

RE:RE:News: Selling Anna Paula

RE:RE:News: Selling Anna PaulaI agree. As a former Alio shareholder, I had been wondering what Argonaut was going to do with Ana Paula. It definitely sounds like a good deal for us. $40. million in cash and 10% of the new company headed by Bruce Bragagnola, plus NSR of 1%. I could be off, but If I remember correctly, Ana Paula was going to require somewhere north of 100 mil. to bring to production. I think we've already got our hands full with developing and bringing Magino into production. This adds a tidy amount of cash to the coffers to help with that game-changing project.
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