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Antero Resources provides recent operational highlights


Published Jan 29, 2014
Antero Resources LLC

Antero's combined net daily production from the Marcellus and Utica Shales recently surpassed 750 MMcfe/d including 15,000 Bbl/d of NGLs and oil. Gross daily operated production from the Marcellus alone recently crossed the 750 MMcf/d threshold. The Company has completed 242 horizontal wells in the Marcellus and Utica Shales since commencing drilling operations in Appalachia in 2009.

Antero's net production for the fourth quarter of 2013 is estimated to have averaged 675 to 680 MMcfe/d, which is above the midpoint of the previously announced guidance range of 660 to 690 MMcfe/d. The fourth quarter of 2013 estimated production represents an organic production growth rate of 20% and 87% compared to the third quarter of 2013 and fourth quarter of 2012, respectively.

Tags: Antero Resources




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