/PRNewswire/ Antero Resources Corporation (NYSE: AR) ("Antero Resources", "Antero", or the "Company") today announced its third quarter 2021 financial and.
Antero Resources Announces Launch of $500 Million Offering of Senior Notes
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DENVER, May 17, 2021 /PRNewswire/
Antero Resources Corporation (NYSE: AR) ( Antero Resources ) announced today that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2030 (the Notes ) in a private placement to eligible purchasers.
Antero Resources intends to use the net proceeds from the offering and borrowings under its revolving credit facility to fund the previously announced redemption of its 5.625% senior notes due 2023 (the 2023 Notes ) outstanding on June 1, 2021 at par plus accrued interest. The offering of the Notes is not contingent upon the completion of such redemption.
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DENVER, May 5, 2021 /PRNewswire/
Antero Resources Corporation (NYSE: AR) ( Antero Resources or the Company ) today announced that Brenda R. Schroer has been appointed to its Board of Directors (the Board ), as a Class I director, effective as of April 30, 2021. Ms. Schroer is an independent director under the director independence standards set forth in the rules and regulations of the Securities and Exchange Commission and the applicable listing standards of the New York Stock Exchange. Ms. Schroer s appointment brings the size of the Board to eight directors, seven of whom are independent for service on the Board.
Ms. Schroer has an extensive background in the oil and gas industry, previously serving as Senior Vice President, Chief Financial Officer and Treasurer of Concho Resources from January 1, 2019 until it was acquired by ConocoPhillips in January 2021. Ms. Schroer also oversaw Environmental, Social and Governance ( ESG ) reporting at Concho.�
Antero Resources and Antero Midstream Announce New Executive Management Responsibilities
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Antero Resources Corporation (NYSE: AR) ( Antero Resources ) and Antero Midstream Corporation (NYSE: AM) ( Antero Midstream ) today announced new responsibilities for certain members of their management teams upon the effectiveness of Glen C. Warren, Jr. retirement as Antero Resources President, Chief Financial Officer and Director and Antero Midstream s President and Director on April 30, 2021.
Paul M. Rady, currently Chairman and CEO of both Antero Resources and Antero Midstream, will also be named President of both Antero Resources and Antero Midstream.
Michael N. Kennedy, currently Senior Vice President (SVP) of Finance at Antero Resources and Chief Financial Officer (CFO) of Antero Midstream will be named CFO of Antero Resources and will be appointed to the Antero Midstream Board of Directors. Mr. Kennedy will also serve as SVP of Finance
Antero Resources Corporation (NYSE: AR) ( Antero Resources ) and Antero Midstream Corporation
(NYSE: AM) ( Antero Midstream ) today announced that Glen Warren will retire as President and Chief Financial Officer of Antero Resources and President of Antero Midstream, effective April 30, 2021. Mr. Warren will also step down from the board of both companies as of the same date. Glen has been a visionary leader in the energy industry over the last several decades, said Paul Rady, Co-Founder, Chairman and CEO of Antero Resources and Antero Midstream. For more than 20 years, Glen and I have been partners across a number of successful plays and organizations. We were some of the first successful players in unconventional resources, initially in coal bed methane in the Powder River Basin, then in the Barnett Shale where we were early adopters of horizontal drilling and multi-stage completions. Since first entering Appalachia in 2008, Glen has been instrumental in growing Antero