Antero Resources

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-	'''Antero Resources''' was reported in September, 2008 as owning a one third working interest of the approximately 600,000 to 800,000 acres of Marcellus shale drilling rights owned by [[Dominion Transmission Inc.]]	+	Denver, Colorado-based '''Antero Resources''' was reported in September, 2008 as owning a one third working interest of the approximately 600,000 to 800,000 acres of Marcellus shale drilling rights owned by [[Dominion Transmission Inc.]]
	A further report in late September indicated that Antero's drilling rights had been cut back to only 114,259 acres when financing became problematic for them. This deal with Dominion closed September 30. The latter company retains a 7.5% royalty on any wells drilled on the acreage by Antero.		A further report in late September indicated that Antero's drilling rights had been cut back to only 114,259 acres when financing became problematic for them. This deal with Dominion closed September 30. The latter company retains a 7.5% royalty on any wells drilled on the acreage by Antero.
	Antero will also be the anchor tenant of Dominion's proposed [[Keystone Pipeline]].		Antero will also be the anchor tenant of Dominion's proposed [[Keystone Pipeline]].

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Revision as of 16:35, 21 April 2009

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Denver, Colorado-based Antero Resources was reported in September, 2008 as owning a one third working interest of the approximately 600,000 to 800,000 acres of Marcellus shale drilling rights owned by Dominion Transmission Inc.

A further report in late September indicated that Antero's drilling rights had been cut back to only 114,259 acres when financing became problematic for them. This deal with Dominion closed September 30. The latter company retains a 7.5% royalty on any wells drilled on the acreage by Antero.

Antero will also be the anchor tenant of Dominion's proposed Keystone Pipeline.