Antero Resources
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.