Antero Resources Corp. (NYSE: AR) opened a secondary public offering of 10 million common shares, the company said May 12. The selling stockholder is Antero Resources Investment LLC, the company added.
An underwriters’ option, to purchase up to 1.5 million additional shares, might be granted by the selling stockholder, the company noted.
Antero Resources Corp. will not receive proceeds, the company said.
Barclays, Citigroup Inc. (NYSE: C), Credit Suisse (NYSE: CS) and J.P. Morgan are joint book-running managers, the company said.
Denver-based Antero Resources Corp. develops and acquires domestic oil and natural gas.
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