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History of Success

Antero Resources was formed in 2002 by Paul M. Rady and Glen C. Warren, Jr. following their success with Pennaco Energy.

Our History

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Paul Rady and Glen Warren co-found Pennaco Energy (AMEX: PN) and build into a highly successful Powder River Basin coal bed methane producer
Paul Rady and Glen Warren co-found Pennaco Energy (AMEX: PN) and build into a highly successful Powder River Basin coal bed methane producer
1998
Rady and Warren sell Pennaco to Marathon Oil
Rady and Warren sell Pennaco to Marathon Oil
2001
Antero is formed in 2002 to pursue unconventional resource opportunities
Antero is formed in 2002 to pursue unconventional resource opportunities
2002
Antero builds Barnett Shale business (private) into the 2nd largest producer in the play and sells to XTO Energy
Antero builds Barnett Shale business (private) into the 2nd largest producer in the play and sells to XTO Energy
2005
Antero acquires 115,000 acres in the Marcellus Shale in the Appalachian Basin from Dominion Energy
Antero acquires 115,000 acres in the Marcellus Shale in the Appalachian Basin from Dominion Energy
2008
Antero successfully drills its first operated Marcellus wells
Antero successfully drills its first operated Marcellus wells
2009
Antero forms
Antero forms "Antero Midstream Partners" to drive midstream infrastructure buildout
2012
Antero sells the Arkoma Basin and Piceance Basin assets to redeploy capital to higher return Marcellus and Utica Shales
Antero sells the Arkoma Basin and Piceance Basin assets to redeploy capital to higher return Marcellus and Utica Shales
2012
Antero Resources successfully completes the largest independent E&P IPO to-date
Antero Resources successfully completes the largest independent E&P IPO to-date
2013
Antero Midstream Partners completes $1.15 billion IPO, the lowest yielding and largest MLP IPO to-date
Antero Midstream Partners completes $1.15 billion IPO, the lowest yielding and largest MLP IPO to-date
2014
Antero Midstream Partners forms a 50/50 processing & fractionation joint venture with MPLX with $800 million of new project inventory
Antero Midstream Partners forms a 50/50 processing & fractionation joint venture with MPLX with $800 million of new project inventory
2017
Antero Midstream GP successfully completes $875MM IPO
Antero Midstream GP successfully completes $875MM IPO
2017
Antero surpasses 3 Bcfe/d of production and becomes the largest NGL producer in the U.S.
Antero surpasses 3 Bcfe/d of production and becomes the largest NGL producer in the U.S.
2018