INR Ohio LLC Insurance Application Approved
Antero Resources Issues $8.7M in Lease Bonuses
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Description
Antero Resources paid an estimated $8.7 million in lease bonuses for new and renewal oil and gas leases in Ohio during early 2022.
Contract Details
Contract Amount
$8,700,000
Vendor
ANTERO RESOURCES
Agency
Ohio Department of Natural Resources, OH
Contract Type
LICENSE
Document Date
February 2, 2024
Contract Term
January – June 2022 (6 months)
Renewal Date
2022-06-30
Renewal Info
Bonus rate assumed at $5000/acre; lease renewals on 10% of non-HBP acreage during half year.
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