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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Sweet Ol who wrote (200077)12/9/2019 11:20:10 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 206084
 
Antero Resources announced they'll be able to temporarily stave off bankruptcy with $750 million of asset sales to Antero Midstream, NYSE:AM. - seekingalpha.com

As part of the deal AM will provide AR lower gathering fees for a time.

In spite of the fee reduction, Antero continues to lose money at current oil and gas prices.



To: Sweet Ol who wrote (200077)12/9/2019 11:34:23 AM
From: Logain Ablar  Read Replies (1) | Respond to of 206084
 
Negotiated new pricing with midstream (to lower costs) and asset sales to pay down debt.

Now all they need is one, a good cold spell lasting 6 weeks and two;

NG to go over $4 due to the cold spell.


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