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Antero Resources Sells Midstream Business for $800 MM
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Antero Resources Corporation has released its third quarter 2015 financial results.
Highlights: Net daily gas equivalent production averaged 1,506 MMcfe/d, a 39% increase compared to the prior year quarter and a 1% increase compared to the prior quarter Net daily liquids production, included in the above, averaged 52,250 Bbl/d, a 109% increase compared to the prior year quarter and a 14% increase compared to the prior quarter Realized natural gas equivalent price including NGLs, oil and settled derivatives averaged $3.83 per Mcfe Increased credit facility borrowing base by 12.5% to $4.5 billion from $4.0 billion Closed drop down of water business and received $794 million of cash proceeds and approximately 11.0 million common units of Antero Midstream Partners Recent Developments Antero…- ✓ Full news archive — U.S., Canada & international coverage
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