Antero Resources Corp T.AR

Primary Symbol: AR

Energy Oil & Gas E&P

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.

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Antero Resources Corp > What happenned at Florida Canyon???

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Post by templetooth2on Mar 02, 2022 4:16pm

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Post# 34476591

What happenned at Florida Canyon???

Write-down of $57 million. WHAT??? Absolutely no explanation in news release.

Florida Canyon 2022 guidance of $1700-$1800 AISC and production of 52,000-60,000 ounces.

When they came out with their updated mine plan a few months after the Alio deal 2020, they were advertizing 77,000 annual ounces at AISC of $1040.

After the fiasco with Magino, now we get trouble elsewhere. What are these clowns doing?

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