Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/financial/money/antero-resources-announces-2014-capital-budget-and.shtmlAntero Resources announces 2014 capital budget and guidance
Antero Resources expects to invest approximately $2.6 billionin 2014 for drilling and completion, midstream and
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Antero Resources expects to invest approximately $2.6 billionin 2014 for drilling and completion, midstream and leasehold activities. The Company expects its average 2014 production to grow organically by 75% to 85% over estimated 2013 average net daily production and is guiding to an average 2014 net production range of 925 to 975 MMcfe/d.
2014 Capital Budget
Antero's capital budget for 2014 is $2.6 billion and includes $1.8 billion for drilling and completion, $600 million for the expansion of midstream facilities, including $200 million for fresh water distribution infrastructure, and $200 million for core leasehold acreage acquisitions.
