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 does everyone think about the Heliostar options?

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Comment by Reachmeon Dec 05, 2022 4:53pm

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Post# 35151991

RE:RE:RE:What does everyone think about the Heliostar options?

This is an option agreement LOL.....it may never happen...

rvirdi6394 wrote:

Making a cash payment to Argonaut of:

US$80,000,000 in the event the average gold price is below US$1,800 per ounce for the six months preceding Heliostar exercising the Option;

US$120,000,000 in the event the average gold price is above US$1,800 per ounce but below US$2,000 per ounce for the six months preceding Heliostar exercising the Option; or

US$150,000,000 in the event the average gold price is above US$2,000 per ounce for the six months preceding Heliostar exercising the Option; and

Granting Argonaut a 2.0% net smelter return ("NSR") royalty in the event of exercise of the Option (capped at 2.0% for claims with existing NSR considerations).