Antero Resources closes $800 million sale of Utica Shale assets

Reuters02-24
Antero Resources closes $800 million sale of Utica Shale assets

Antero Resources Corporation said it has completed the sale of substantially all of its Utica Shale oil and gas assets to an affiliate of Infinity Natural Resources and Northern Oil and Gas for $800 million in cash, subject to customary post-closing adjustments. The company also said it will redeem its 7.625% senior notes due 2029 on Feb. 24, 2026, following satisfaction of conditions tied to the sale.

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