Rumor Has It: Antero Resources Will Go Public This Year
Antero Resources is a private drilling company headquartered in Denver, CO with major drilling operations in the Marcellus Shale (311,000 acres). Lately, Antero has made a big move into the Utica Shale (92,000 acres)–particularly in Belmont County, OH where Gulfport has had a lot of success (see Antero Continues to Sign Leases with Barnesville, OH Residents). Rumor has it (cue Adele) that Antero is about to float an initial public offering that will value the company at $10 billion.
Here’s the rumor, as told by Reuters and the Denver Post: