Baird served as a co-manager on this offering
AboutAntero Resources Corporation (“Antero” or the “Company”) (NYSE: AR) recently completed a follow-on offering of 29,759,375 common shares at a price of $28.50 per share, generating gross proceeds of approximately $848.1 million. The Company intends to use the proceeds from the offering to fund the recently announced purchase of Marcellus core acreage and production and for general corporate purposes, including future development.
Antero is an independent oil and natural gas company engaged in the exploration, development and acquisition of unconventional liquids-rich natural gas properties located in the Appalachian Basin. As of March 31, 2016, the Company held approximately 573,000 net acres of rich gas and dry gas properties located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania. Antero is headquartered in Denver, Colorado.
For additional information about this transaction, please contact:
- June 2016
- Antero Resources Corporation
- Target Geography
- North America
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