Antero Resources

Transaction Type
Basin
Fort Worth
Post Date
Close Date
Estimated Price
0MM
Description

Antero Resources has retained Meagher Energy Advisors to sell certain interests in the Barnett shale in Texas.

The package includes a 100% working interest (75% net revenue interest) in 1,638 gross acres (1,213 net) in Ellis and Johnson counties. The leases are 100% fee and expire at the end of second-quarter 2011. Some 825 net acres have a two-year extension option. Nearby reported EURs are 5 billion cubic feet northeast of the block.

The bid due date is May 18. The effective date is June 1. Closing is expected by June 15. Contact Julia Foster, 303-721-6354, jfoster@meagheradvisors.com.