Antero to buy HG Energy assets for $2.8 billion, sell Utica unit

Antero Resources will acquire HG Energy upstream assets for $2.8 billion while selling its Ohio Utica Shale assets for $800 million. Affiliate Antero Midstream will also buy HGs infrastructure assets for $1.1 billion. The company expects over 30% free-cash-flow accretion over two years and sees US gas demand rising significantly by 2030. Antero shares dipped over 1% premarket.