Barnesville Residents Signing on With Antero

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From The Intelligence/Wheeling News-Register:

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.

Antero held a series of lease signing meetings throughout Barnesville in February and early March, during which Mayor Ron Bischof said the driller received a very positive response from most residents. The agreement the private mineral owners signed is the same one village leaders inked with Antero last year.

"Antero was very pleased with the results," Bischof said of the lease signings that took place at schools and libraries in the village. "They are wrapping up the figures now. There is still some time for those who have not signed."

Read the whole article here.

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