Antero Resources Corp. and its pipeline affiliate agreed to buy natural gas production and pipeline assets from privately held HG Energy II LLC for a combined $3.9 billion in cash, expanding its reserves of the fuel just as prices are rebounding.
Antero Resources Corp. and its pipeline affiliate agreed to buy natural gas production and pipeline assets from privately held HG Energy II LLC for a combined $3.9 billion in cash, expanding its reserves of the fuel just as prices are rebounding.
Pipework and valve wheels at a gas storage facility. Photographer: Oliver Bunic/Bloomberg
Antero Resources Corp. is in advanced talks to acquire privately-held shale gas producer HG Energy, in a move that will expand the company’s natural gas reserves at a time when prices have been rebounding, according to people familiar with the matter.
Antero Resources Corp. is in advanced talks to acquire privately-held shale gas producer HG Energy, in a move that will expand the company’s natural gas reserves at a time when prices have been rebounding, according to people familiar with the matter.
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