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Antero Grows Proved Developed Reserves 54% to 5.4 Tcfe

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Antero Grows Proved Developed Reserves 54% to 5.4 Tcfe

Antero Resources announced reserves as of December 31, 2015. 

Highlights: Proved reserves increased by 4% to 13.2 Tcfe at year-end 2015 Proved developed reserves increased by 54% to 5.8 Tcfe at year-end 2015 Replaced 425% of net production in 2015 All-in finding and development cost for proved reserve additions from all sources was $0.80 per Mcfe for 2015 All-in 3-year finding and development cost for proved reserve additions from all sources through 2015 was $0.57 per Mcfe Proved undeveloped reserves at year-end 2015 have estimated future development cost of $0.69 per Mcfe Pre-tax PV-10 of 3P reserves at year-end 2015 was $6.8 billion at SEC pricing including hedges Pre-tax PV-10 of 3P reserves at year-end 2015 was $13.7 billion at 12/31/2015 strip pricing including hedges

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