1998
Paul Rady and Glen Warren co-found Pennaco Energy (AMEX: PN) and build it into a highly successful Powder River Basin coal bed methane produce.
History of Consistent Results and Delivering Shareholder Value
Antero Midstream has been supporting natural gas and natural liquids production in the Appalachian Basin since 2012. We have consistently delivered attractive returns on our invested capital, as a result of our organic growth strategy.
Our History
1998
2001
2001
Rady and Warren sell Pennaco to Marathon Oil
2002
2002
Antero Resources is formed to pursue unconventional resource opportunities
2005
2005
Antero Resources builds Barnett Shale business (private) into the 2nd largest producer in the play and sells to XTO Energy
2008
2008
Antero Resources acquire 115,000 acres in the Marcellus Shale in the Appalachian Basin from Dominion Energy
2009
2009
Antero Resources successfully drills its first operated Marcellus wells
2012
2012
Antero forms "Antero Midstream Partners" to drive midstream infrastructure buildout
2012
2012
Antero Resources sells the Arkoma Basin and Piceance Basin assets to redeploy capital to higher-return Marcellus and Utica shales
2013
2013
IPO $1.8B - Antero Resources successfully completes the largest independent E&P IPO to-date
2014
2014
IPO $1.15B - Antero Midstream Partners completes a $1.15 billion IPO, the lowest-yielding and largest MLP IPO to date.
2017
2017
Antero Midstream Partners forms a 50/50 processing & fractionation joint venture with MLPX with $800 million of new project inventory
2017
2017
Antero Midstream GP successfully completes $875MM IPO
2018
2018
Antero Resources surpasses 3 Bcfe/d of production and becomes the largest NGL producer in the U.S.
2019
2019
Antero Midstream and AMGP announce closing of Midstream Simplification Transaction