Antero Resources

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	Denver, Colorado-based '''Antero Resources''' was reported in September, 2008 as having purchased a one third working interest of the approximately 600,000 to 800,000 acres of [[Marcellus shale]] drilling rights owned by [[Dominion Gas|Dominion Resources]]		Denver, Colorado-based '''Antero Resources''' was reported in September, 2008 as having purchased a one third working interest of the approximately 600,000 to 800,000 acres of [[Marcellus shale]] drilling rights owned by [[Dominion Gas|Dominion Resources]]
-	A further report in late September indicated that Antero's drilling rights had been scaled back to only 114,259 acres due to financing complications. The deal with Dominion closed September 30, 2008. The latter retains a 7.5% royalty on all wells drilled on the acreage by Antero.	+	A further report in late September indicated that Antero's drilling rights had been scaled back to 114,259 acres due to financing issues. The deal with Dominion closed September 30, 2008. The latter retains a 7.5% royalty on all 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 19:48, 21 April 2009

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

A further report in late September indicated that Antero's drilling rights had been scaled back to 114,259 acres due to financing issues. The deal with Dominion closed September 30, 2008. The latter retains a 7.5% royalty on all wells drilled on the acreage by Antero.

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