Latham & Watkins Advises Financing Sources on Antero Resources and Antero Midstream Acquisitions of HG Energy Assets

"Latham & Watkins LLP advised the financing sources for Antero Resources’ US$2.8 billion acquisition of HG Energy II's upstream assets (including assumption of its commodity hedge book) and Antero Midstream’s US$1.1 billion purchase of HG Energy's midstream assets. Both transactions are subject to customary closing adjustments."

Latham & Watkins LLP advised the financing sources in connection with Antero Resources Corporation's agreement to acquire the upstream assets of HG Energy II, LLC and Antero Midstream's agreement to acquire HG Energy's midstream assets. Antero Resources Corporation (NYSE: AR) entered into a definitive agreement to acquire the upstream assets of HG Energy II, LLC for total consideration of US$2.8 billion in cash plus the assumption of HG Energy's commodity hedge book, subject to customary closing adjustments. Separately, Antero Midstream (NYSE: AM) entered into a definitive agreement to acquire HG Energy's midstream assets for total consideration of US$1.1 billion in cash, subject to customary closing adjustments. Latham & Watkins LLP represented the financing sources with a multidisciplinary team composed of: Austin partners David Miller and Sam Rettew; Houston partner Pamela Kellet; and associates David Albano, Paul Robe, and Cooper Shear.

Latham & Watkins Advises Financing Sources on Antero Resources and Antero Midstream Acquisitions of HG Energy Assets

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