Antero 2Q12 Update: More Marcellus/Utica Drilling Ahead
Antero Resource released their 2Q12 financial and operating update this morning. Among the highlights: They’re operating 10 drilling rigs in the Marcellus, all of them in northern West Virginia. They plan to add two more rigs in the near future to the 10 already there. To date, Antero has drilled and completed 88 Marcellus Shale gas wells. They’ve completed two Utica Shale wells in eastern Ohio and are right now drilling a third.
Below are the relevant portions from the update for this very active Marcellus/Utica driller: