Antero Resources Corporation Files Registration Statement for Initial Public Offering of Common Stock

DENVER, June 13, 2013 /PRNewswire/ -- Antero Resources Corporation (Antero Corporation) today announced the filing of a Registration Statement on Form S-1 with the Securities and Exchange Commission.  The number of shares to be offered and the price range for the offering have not been determined.  Antero Corporation intends to apply for a listing of the stock of Antero Corporation on the New York Stock Exchange under the symbol "AR".  Antero Corporation expects to use the net proceeds it receives from the offering to pay down its credit facility, and the remaining net proceeds, if any, for general corporate purposes.   

Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Jefferies LLC and Wells Fargo Securities, LLC will act as book running managers of the offering.  The offering of common stock in Antero Corporation 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.

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, New York 11717

barclaysprospectus@broadridge.com

Toll-Free: (888) 603-5847

 

Citigroup Global Markets Inc.

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, New York 11717

batprospectusdept@citi.com

Toll-Free: (800) 831-9146

 

J.P. Morgan Securities LLC

c/o Broadridge FinancialSolutions

1155 Long Island Avenue

Edgewood, New York 11717

Toll-Free: (866) 803-9204

 

Credit Suisse Securities (USA) LLC

c/o Prospectus Department

One Madison Avenue

New York, New York 10010

Toll-Free: (800) 221-1037

 

Jefferies LLC

520 Madison Avenue

12th Floor

New York, New York 10022

Prospectus_Department@Jefferies.com

Toll-Free: (877) 547-6340

 

Wells Fargo Securities LLC

c/o Equity Syndicate Department

375 Park Avenue

New York, New York 10152

cmclientsupport@wellsfargo.com

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 Corporation 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.

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 Corporation'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 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 and oil reserves and in projecting future rates of production, cash flow and access to capital, and the timing of development expenditures.

SOURCE Antero Resources



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