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Antero Resources
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July 2013 Company Overview
| Glen C. Warren Jr. | Page 13 of 11 |
November 21, 2024
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Large Scale Position in Marcellus Core ? Antero has delineated and de-risked a large scale acreage position in the Southwestern Core of the Marcellus Shale in northern West Virginia – currently building more infrastructure to process highly rich gas Sherwood Processing Plant Heirs Unit 1H: 17.0 MMcf/d IP 2H: 18.6 MMcf/d IP Valentine Unit 1H: 5,232 Boe/d IP (50% Liquids) 2H: 3,726 Boe/d IP (49% Liquids) Ed Arnold Unit 1H: 3,280 Boe/d IP (46% Liquids) 2H: 3,606 Boe/d IP (45% Liquids) Dry Gas 40,000 Net Acres 636 Gross Locations Rich Gas 152,000 Net Acres 1,451 Gross Locations Highly Rich Gas 103,000 Net Acres 941 Gross Locations Leatherman Unit 1H: 14.7 MMcf/d IP 2H: 11.8 MMcf/d IP Nicholson Unit 2H: 1,757 Boe/d IP (50% Liquids) Anna Unit 2H: 1,694 Boe/d IP (54% Liquids) Source: Company presentations and press releases. Note: All IPs are 24-hour peak rate; Boe/d IPs assume processing and full ethane recovery. 12 Cleta Unit 1H: 25.8 MMcf/d IP 2H: 18.4 MMcf/d IP Opie Unit 1H: 21.8 MMcf/d IP Triad Spencer Unit 4 wells avg. 1,550 Boe/d 30 day rate (54% Liquids) CHK Hadley Unit 1,884 Boe/d IP (58% Liquids) EQT Pennsboro Unit 5 wells avg. 2,502 Boe/d 30 day rate (51% Liquids) Pullman Unit 2H: 4,008 Boe/d IP (54% Liquids) 164 Horizontals Completed 10.2 Bcfe avg EUR 13.4 MMcf/d avg IP 6,924’ avg lateral length