Vinson & Elkins Aids Antero's $325M Sale Of Colo. Gas Assets

Law360, New York (November 5, 2012, 6:40 PM EST) -- Colorado oil and natural gas company Antero Resources Corp. has agreed to sell its pipeline and gas assets in Colorado's Piceance Basin to a private firm for roughly $325 million, Antero said Monday.

The assets include about 61,000 net acres of leasehold in the basin, which extends from western Colorado into eastern Utah. The acreage contains about 205 billion cubic feet of proved developed natural gas reserves as of Sept. 30, Antero said.

The deal is expected to close in December with an effective date of Oct....
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