Denver-based Antero Resources is unloading its Arkoma Basin assets and redeploying capital to Appalachian shale plays while Vanguard Natural Resources LLC, which is buying Antero’s mostly natural gas Arkoma assets for $445 million, is establishing a new operating area with the deal.
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Antero Exits, Vanguard Enters Arkoma Basin in $445M Deal
Denver-based Antero Resources is unloading its Arkoma Basin assets and redeploying capital to Appalachian shale plays while Vanguard Natural Resources LLC, which is buying Antero’s mostly natural gas Arkoma assets for $445 million, is establishing a new operating area with the deal.
Range Drops Barnett for Better Marcellus Returns
Fort Worth, TX-based Range Resources Corp. is pulling up stakes in the Barnett Shale of North Texas and redeploying its efforts and capital in the Appalachian Basin’s higher-return Marcellus Shale.
Range Packing Up in Barnett, Heading for Marcellus
Fort Worth-based Range Resources Corp. is pulling up stakes in the Barnett Shale of North Texas and redeploying its efforts and capital in the Appalachian Basin’s higher-return Marcellus Shale, the company said.