COMPLETION DEFERRALS 2016 PRODUCTION IMPACT Plan to defer 50 Marcellus well completions into 2016 to achieve higher gas price realizations Regional gathering pipeline expected in-service late 2015 will connect incremental Marcellus…
HEDGING INTEGRAL TO BUSINESS MODEL Hedging is a key component of Anteros business model which includes development of a large, repeatable drilling inventory Antero has realized 1.3 billion of gains on commodity hedges over the past 6…
2016 HEDGES INSULATE FROM COMMODITY PRICE VOLATILITY 2016 Hedges Volume Hedged (BBtu/d) Unhedged Production (BBtu/d) Antero is hedged 90% to 94% on its targeted 2016 production of 1.75 Bcfe/d to 1.820 Bcfe/d 2,000 1,750 1,820 (1)…
NGL EXPORTS AND NETBACKS STEP-UP BY 4Q 2016 Upon in-service of Mariner East II, Antero will have the ability to market its propane and n-butane to international buyers, providing uplifts of 0.14/Gal and 0.12/Gal, respectively, to the…
STRONG BALANCE SHEET AND FINANCIAL FLEXIBILITY Antero Resources (NYSE:AR) Antero Midstream (NYSE:AM) 6/30/15 Debt Liquid Non-E&P Assets 6/30/15 Debt Liquid Assets Debt Type MM Asset Type MM Debt Type MM Asset Type MM (1) Credit…
ANTERO IS BEST POSITIONED TO WEATHER THE STORM Risk Factors Mitigants Reduced 2015 AR capital budget by 49% compared to 2014 - Only moderate increase preliminarily planned for 2016 Capital Spending 2.0 billion mark-to-market hedge…
AR WELL COST REDUCTIONS Antero has reduced average well costs for a 9,000 lateral by 16% in the Marcellus and 18% in the Utica as compared to 2014 well costs, through a combination of service cost reductions and drilling and completion…
ANTEROS FIRST UTICA DRY GAS WELL IP / 1,000 Lateral (MMcf/d) Range EQT CNX Dry gas fairway extends from the Antero Utica acreage in 5.0 10.0 Claysville SC 11H Scotts Run Gaut 4IH eastern Ohio to the Antero Marcellus play acreage in…
Loading...
