Initial Public Offering

Energy
Initial Public Offering

Summary

Baird served as a co-manager on this offering

About

Antero Resources Corporation (“Antero” or the “Company”) (NYSE: AR) recently completed an initial public offering of 41,083,750 common shares at a price of $44.00 per share, generating gross proceeds of approximately $1.8 billion. The Company intends to use the net proceeds from the offering to repay outstanding borrowings under its credit facility.

Antero is an independent oil and natural gas company engaged in the exploitation, development and acquisition of unconventional oil and liquids-rich natural gas properties located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania. The Company currently holds approximately 329,000 net acres in the southwestern core of the Marcellus Shale and approximately 102,000 net acres in the core of the Utica Shale. Antero is headquartered in Denver, Colorado.

For additional information about this transaction, please contact:

Frank Murphy (314) 445-6532
Curtis Goot (314) 445-6540
Les Cheek (617) 426-5789
Jeff Seaman (312) 609-4687
Jim Penilla (314) 445-6536
Gary Placek (414) 765-3611
Energy
Initial Public Offering
Date
October 2013
Company
Antero Resources Corporation
Transaction
M&A
Sectors
Energy
Target Location
North America

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