Antero Files Registration Statement for Midstream MLP

            Antero Files Registration Statement for Midstream MLP

PR Newswire

DENVER, Feb. 7, 2014

DENVER, Feb. 7, 2014 /PRNewswire/ --Antero Resources (NYSE: AR) ("Antero" or
the "Company") today announced the filing of a Registration Statement on Form
S-1 with the Securities and Exchange Commission for the initial public
offering of its midstream business as a master limited partnership (the
"MLP"). The number of common units to be offered and the price range for the
offering have not been determined. Antero intends to apply for a listing of
the common units on the New York Stock Exchange under the symbol "AM." The
Company intends to contribute substantially all of its midstream assets to the
MLP and expects to retain a substantial portion of the MLP's common and
subordinated units. The MLP's general partner interest and incentive
distribution rights will be owned by Antero Resources Investment LLC, the
Company's primary stockholder.

(Logo: http://photos.prnewswire.com/prnh/20131101/LA09101LOGO)

Barclays Capital Inc., Citigroup Global Markets Inc. and Wells Fargo
Securities, LLC will act as book running managers of the offering. The
offering of common units will be made only by means of a prospectus. A copy of
the preliminary prospectus relating to this offering may be obtained, when
available, from:

Barclays Capital Inc.             Citigroup Global Markets   Wells Fargo Securities, LLC
                                  Inc.
c/o Broadridge Financial          c/o Broadridge Financial   c/o Equity Syndicate
Solutions                         Solutions                  Department
1155 Long Island Avenue           1155 Long Island Avenue    375 Park Avenue
Edgewood, New York 11717          Edgewood, New York 11717   New York, New York 10152
barclaysprospectus@broadridge.com batprospectusdept@citi.com cmclientsupport@wellsfargo.com
Toll-Free: (888) 603-5847         Toll-Free: (800) 831-9146  Toll-Free: (800) 326-5897

A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective.

This press release shall not constitute an offer to sell or a solicitation of
an offer to buy, nor shall there be any sale of these securities in any state
or jurisdiction in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state or jurisdiction.

Antero Resources is an independent oil and natural gas company engaged in the
acquisition, development and production of unconventional oil and liquids-rich
natural gas properties primarily located in the Appalachian Basin in West
Virginia, Ohio and Pennsylvania. Antero Midstream also provides gathering,
compression and fresh water distribution services to the properties.

Cautionary Statements

This release includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such forward-looking statements are subject to a number
of risks and uncertainties, many of which are beyond Antero's control. All
statements, other than historical facts included in this release, are
forward-looking statements. All forward-looking statements speak only as of
the date of this release. Although Antero believes that the plans, intentions
and expectations reflected in or suggested by the forward-looking statements
are reasonable, there is no assurance that these plans, intentions or
expectations will be achieved. Therefore, actual outcomes and results could
materially differ from what is expressed, implied or forecast in such
statements.

We caution you that these forward-looking statements are subject to all of the
risks and uncertainties, most of which are difficult to predict and many of
which are beyond our control, incident to the exploration for and development,
production, gathering and sale of natural gas, NGLs and oil. These risks
include, but are not limited to, commodity price volatility, inflation, lack
of availability of drilling and production equipment and services,
environmental risks, drilling and other operating risks, regulatory changes,
the uncertainty inherent in estimating natural gas, NGLs and oil reserves and
in projecting future rates of production, cash flow and access to capital, the
timing of development expenditures, and the other risks described under the
heading "Risk Factors" in our Final Prospectus dated October 9, 2013 on file
with the Securities and Exchange Commission (File No. 333-189284).

SOURCE Antero Resources

Website: http://www.anteroresources.com
Contact: Michael Kennedy, VP Finance, at (303) 357-6782 or
mkennedy@anteroresources.com
 
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