ANTERO RESOURCES CORPORATION (NYSE:AR) Files An 8-K Other EventsItem 8.01 Other Events.
On May 8, 2017, a jury in the United States District Court in Colorado returned a verdict finding in favor of Antero Resources Corporation’s (the “Company”) positions in its lawsuits against South Jersey Gas Company and South Jersey Resources Group, LLC (collectively, “SJGC”). The jury awarded the Company a total of approximately $60 million. The court has post-evidence motions under advisement. SJGC will have 30 days from the entry of final judgment to file an appeal.
About ANTERO RESOURCES CORPORATION (NYSE:AR)
Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs, and oil; gathering and compression; water handling and treatment, and marketing of excess firm transportation capacity. The Company’s exploration and development activities are supported by the natural gas gathering and compression assets of its subsidiary, Antero Midstream Partners LP (Antero Midstream), as well as by third-party gathering, compression, processing and transportation arrangements. The Company owns over two independent fresh water distribution systems that distribute fresh water from the Ohio River and several regional water sources for well completion operations in the Marcellus and Utica Shales. ANTERO RESOURCES CORPORATION (NYSE:AR) Recent Trading Information
ANTERO RESOURCES CORPORATION (NYSE:AR) closed its last trading session up +0.15 at 21.17 with 3,369,074 shares trading hands.
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