Antero Looking to Drill on Barnesville Acreage

BARNESVILLE – Many individual mineral owners are joining the village’s drilling agreement with Denver-based Antero Resources at a rate of $5,700 per acre and 20 percent of production royalties.

This 20% of production royalties is the highest offer we here at POWER have seen thus far in the Buckeye State. It makes sense for energy companies to sweeten the agreements as this area is thought to be the ‘sweet spot’ thus far in the Utica Shale play.

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