Prometheus Energy signs major LNG supply and services agreement with Antero Resources in Marcellus/Utica basins

8/20/2013

Prometheus Energy signs major LNG supply and services agreement with Antero Resources in Marcellus/Utica basins

HOUSTON -- Prometheus Energy Group, a leading supplier of LNG to the oil & gas, mine haul, process industry and remote power generation sectors, said that the company has signed a major agreement to supply Antero Resources' LNG requirements to power a significant portion of its natural gas fueled drilling rigs in the Marcellus and Utica Shales over a multi year period.

Under this agreement, Prometheus Energy will provide LNG supply, logistics delivery and onsite LNG equipment for storage and regasification at a number of Antero drilling sites in northern West Virginia and eastern Ohio. In addition, Prometheus will provide technical field support to facilitate safe and reliable LNG applications across these sites.

Antero is a leading operator in the Marcellus/Utica region, and has strengthened its commitment to natural gas based drilling, while realizing a reduction in operating costs and optimizing well completion, according to Prometheus Energy.

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