Antero Resources (AR) management is clearly answering the concern of Mr. market about surviving during a time of weak gas pricing. The doubters were clearly lining up for a while and the vultures were circling as the bears waited for a sure demise. But the commodity business requires good reflexes to survive. Management often has a possible solution or two under consideration long before Mr. Market knows there is a problem.
Therefore, it should be no surprise that management has proposed even lower costs than the previous forecast. Continuing industry breakthroughs have enabled