Antero Resources Rolls Dice on 1/2 Billion Dollar Marcellus Pipe

According to a story in The Wall Street Journal, Antero Resources will spend half a billion dollars to construct an 80-mile pipeline in the Marcellus/Utica Shale region. But this rather expensive pipeline will not carry natural gas, gas liquids or even oil. Instead, it's a pipeline that will deliver water from the Ohio River to some of Antero's most active drilling locations scattered in West Virginia and Ohio--to be used for fracking. For Antero with some 100K acres of leased land in the Marcellus, committing to half a billion dollars (the company grossed $265 million last year) is a huge roll of the dice...

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