XTO Energy to buy Barnett Shale pipeline$175 million acquisition elevates Antero deal to $860M in cash, stock Ray Tyson Petroleum News Houston Correspondent
XTO Energy has opted to buy Antero Resources’ pipeline system in the hot Barnett Shale gas field of East Texas for $175 million, roughly $25 million more than XTO had planned to spend on the pipeline.
“We were hoping to buy it for around $150 million,” XTO chief executive Bob Simpson conceded in a F....
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XTO entered Barnett in early 2004
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