Antero Resource (AR)
Posted: Thu Mar 02, 2017 9:24 pm
Antero may be the safest bet among all of the upstream company. Why? Because it has more than 100% of its natural gas production hedged at very good prices.
Read: http://www.oilandgas360.com/antero-reso ... owth-2017/
Antero is a HUGE company: "Antero reported reserves in early February, showing an increase of 16% in 2016. Proved reserves increased to 15.4 Tcfe at year end 2016, up from 13.2 Tcfe in 2015. These reserves are comprised of 61% natural gas, 37% NGLs and 2% oil. 87% of these proved reserves are from Marcellus shale holdings, while the Ohio Utica accounts for 13%. 3P (proved, probable, and possible) reserves increased by 25% in 2016 to 46.4 Tcfe."
Read: http://www.oilandgas360.com/antero-reso ... owth-2017/
Antero is a HUGE company: "Antero reported reserves in early February, showing an increase of 16% in 2016. Proved reserves increased to 15.4 Tcfe at year end 2016, up from 13.2 Tcfe in 2015. These reserves are comprised of 61% natural gas, 37% NGLs and 2% oil. 87% of these proved reserves are from Marcellus shale holdings, while the Ohio Utica accounts for 13%. 3P (proved, probable, and possible) reserves increased by 25% in 2016 to 46.4 Tcfe."