1998
Paul Rady and Glen Warren co-found Pennaco Energy (AMEX:PN) and build it into a highly successful Powder River Basin coal bed methane producer
From its origins in the Powder River Basin to its current operations in the Appalachian Basin, Antero Resources has grown into one of the largest natural gas producers in the U.S. We credit our history of success to identifying and developing the most promising unconventional reservoirs.
1998
Paul Rady and Glen Warren co-found Pennaco Energy (AMEX:PN) and build it into a highly successful Powder River Basin coal bed methane producer
2001
Rady and Warren sell Pennaco to Marathon Oil
2002
Antero is formed to pursue unconventional resource opportunities
2005
Antero builds Barnett Shale business (private) into the 2nd largest producer in the play and sells to XTO Energy
2008
Antero acquires 115,000 acres in the Marcellus Shale in the Appalachian Basin from Dominion Energy
2009
Antero successfully drills its first operated Marcellus wells
2012
Antero sells the Arkoma Basin and Piceance Basin assets to redeploy capital to higher-return Marcellus and Utica shales.
Antero forms "Antero Midstream Partners" to drive midstream infrastructure buildout
2013
Antero Resources successfully completes the largest independent E&P IPO to-date at $1.8 billion
2014
Antero Midstream Partners completes a $1.15 billion IPO, the lowest-yielding and largest MLP IPO to-date
2017
Antero Midstream GP successfully completes $875MM IPO
Antero Midstream Partners forms a 50/50 processing & fractionation joint venture with MLPX with $800 million of new project inventory
2018
Antero surpasses 3 Bcfe/d of production and becomes the largest NGL producer in the US
Our leadership team is composed of one of the most experienced energy leaders in the region.