Antero to redeploy capital and human resources to Appalachian Basin shale projects

A very interesting article about the sale of Colorado assets and a new dedication to the Marcellus and Utica shale. Sounds very promising for our area and our pocketbooks.

 

Antero Resources Chairman and CEO Paul M. Rady commented, "The Piceance asset sale allows Antero to redeploy capital and human resources to its Marcellus and Utica Shale projects where we are focused on the development of liquids-rich natural gas and oil reserves.  With the closing of the Piceance transaction, and our Arkoma Basin exit earlier in 2012, Antero will complete its transformation into a pure-play Appalachian Basin shale producer with a large scale, low cost, liquids-rich drilling inventory."

http://www.sacbee.com/2012/11/05/4961344/antero-resources-agrees-to...

 

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Great news! Thanks for sharing.

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