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Antero Touts Utica, Marcellus Acreage Increase
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Antero Resources Corporation has reported its third quarter 2014 financial results.
Highlights: Net daily gas equivalent production averaged 1,080 MMcfe/d, a 91% increase over the prior year quarter Included net daily liquids production of 25,000 Bbl/d, a 217% increase over the prior year quarter Liquids comprised 28% of total product revenues before hedges and 14% of total equivalent volumes, increases of 54% and 66% over the prior year quarter, respectively Realized NGL price (C3+) averaged $46.66 per barrel, approximately 48% of Nymex WTI Realized natural gas equivalent price averaged $4.91 per Mcfe including NGLs, oil and hedges, an $0.85 premium to Nymex Henry Hub Adjusted net income was $72 million, or $0.27 per basic and diluted share, a 47% increase over the prior year…- ✓ Full news archive — U.S., Canada & international coverage
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