Antero Resources to pay down credit facility with offering proceeds

By Wendy Van Sickle

Columbus, Ohio, March 23 – Antero Resources Corp. plans to repay borrowings under its credit facility with some proceeds of an underwritten public offering of 8 million common units, according to a press release.

The company said it also plans to use some of the proceeds to fund a portion of its 2016 development program.

Antero Resources is an oil and gas company based in Denver.

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