0001104659-13-080099.txt : 20131101 0001104659-13-080099.hdr.sgml : 20131101 20131101165252 ACCESSION NUMBER: 0001104659-13-080099 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20131101 DATE AS OF CHANGE: 20131101 GROUP MEMBERS: CHARLES R. KAYE GROUP MEMBERS: JOSEPH P. LANDY GROUP MEMBERS: WARBURG PINCUS & CO. GROUP MEMBERS: WARBURG PINCUS LLC GROUP MEMBERS: WARBURG PINCUS NETHERLANDS PRIVATE EQUITY VIII C.V. I GROUP MEMBERS: WARBURG PINCUS PARTNERS LLC GROUP MEMBERS: WARBURG PINCUS PRIVATE EQUITY X O&G, L.P. GROUP MEMBERS: WARBURG PINCUS PRIVATE EQUITY X, L.P. GROUP MEMBERS: WARBURG PINCUS X LLC GROUP MEMBERS: WARBURG PINCUS X PARTNERS, L.P. GROUP MEMBERS: WARBURG PINCUS X, L.P. GROUP MEMBERS: WP - WPVIII INVESTORS LLC GROUP MEMBERS: WP - WPVIII INVESTORS, L.P. GROUP MEMBERS: WP ANTERO, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ANTERO RESOURCES Corp CENTRAL INDEX KEY: 0001433270 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 800162034 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-87677 FILM NUMBER: 131186576 BUSINESS ADDRESS: STREET 1: 1625 17TH STREET STREET 2: SUITE 300 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-357-7325 MAIL ADDRESS: STREET 1: 1625 17TH STREET STREET 2: SUITE 300 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: ANTERO RESOURCES APPALACHIAN CORP DATE OF NAME CHANGE: 20100209 FORMER COMPANY: FORMER CONFORMED NAME: ANTERO RESOURCES BARNETT CORP DATE OF NAME CHANGE: 20080424 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Warburg Pincus Private Equity VIII, L.P. CENTRAL INDEX KEY: 0001157334 IRS NUMBER: 134161869 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-878-0600 MAIL ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: WARBURG PINCUS PRIVATE EQUITY VIII L P DATE OF NAME CHANGE: 20010813 SC 13G 1 a13-23342_1sc13g.htm SC 13G

 

 

 

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, DC 20549

 

 

 

 

SCHEDULE 13G

 

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO

RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

 

Antero Resources Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

03674X 106

(CUSIP Number)

October 15, 2013

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus Private Equity VIII, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909(1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3%(2)(3)

 

 

12

Type of Reporting Person
PN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

2



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus Netherlands Private Equity VIII C.V. I

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
The Netherlands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3%(2)(3)

 

 

12

Type of Reporting Person
PN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

3



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
WP – WPVIII Investors, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909(1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909(1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909(1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3%(2)(3)

 

 

12

Type of Reporting Person
PN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

4



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus Private Equity X, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909(1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909(1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3%(2)(3)

 

 

12

Type of Reporting Person
PN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

5



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus X Partners, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
PN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

6



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus Private Equity X O&G, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
PN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

7



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
WP Antero, LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909(1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
OO

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

8



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus X, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
PN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

9



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus X LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
OO

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

10



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
WP — WPVIII Investors LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
OO

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

11



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus Partners LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
New York

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
OO

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

12



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus & Co.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
New York

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
PN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

13



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Warburg Pincus LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
New York

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
OO

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

14



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Charles R. Kaye

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
IN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) other than the common stock of the Issuer owned of record by such reporting person.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

15



 

CUSIP No. 03674X 106

13G

 

 

 

1

Name of Reporting Persons
Joseph P. Landy

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
84,850,909 (1)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
220,965,909 (1)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
220,965,909 (1)(2)

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
84.3% (2)(3)

 

 

12

Type of Reporting Person
IN

 


(1)      The reporting person expressly disclaims beneficial ownership with respect to any shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) other than the common stock of the Issuer owned of record by such reporting person.

 

(2)    See Item 4.

 

(3)    Calculations are based upon 262,049,659 shares of common stock of the Issuer outstanding, as stated in the prospectus of the Issuer filed with the U.S. Securities and Exchange Commission on October 10, 2013.

 

16



 

SCHEDULE 13G

 

Item 1(a)        Name of Issuer.

 

The name of the issuer is Antero Resources Corporation, a Delaware corporation (the “Issuer”).

 

Item 1(b)        Address of Issuer’s Principal Executive Offices.

 

The principal executive offices of the Issuer are located at 1625 17th Street, Denver, Colorado 80202.

 

Item 2(a)        Name of Person Filing.

 

This Schedule 13G is filed on behalf of Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership (“WP VIII”), and together with its two affiliated partnerships Warburg Pincus Netherlands Private Equity VIII C.V. I, a company formed under the laws of the Netherlands (“WP VIII CV I”), and WP-WPVIII Investors, L.P., a Delaware limited partnership (“WP-WPVIII Investors”) and, together with WP VIII and WP VIII CV I, the “WP VIII Funds”); Warburg Pincus Private Equity X, L.P., a Delaware limited partnership (“WP X”), and Warburg Pincus X Partners, L.P., a Delaware limited partnership (“WP X Partners,” and together with WP X, the “WP X Funds”), and Warburg Pincus Private Equity X O&G, L.P., a Delaware limited partnership (“WP X O&G”); WP Antero, LLC, a Delaware limited liability company (“WP Antero”), an indirect subsidiary of WP X, WP X O&G, WP-WPVIII Investors and a direct subsidiary of WP X Partners, WP VIII and WP VIII CV I; Warburg Pincus X, L.P., a Delaware limited partnership (“WP X GP”),  the general partner of the WP X Funds and WP X O&G; Warburg Pincus X LLC, a Delaware limited liability company (“WP X LLC”),  the general partner of WP X GP; WP-WPVIII Investors LLC, a Delaware limited liability company (“WP-WPVIII LLC”),  the general partner of WP-WPVIII Investors; Warburg Pincus Partners LLC, a New York limited liability company (“WP Partners”),  the sole member of WP X LLC and WP-WPVIII LLC and the general partner of WP VIII and WP VIII CV I. Warburg Pincus & Co., a New York general partnership (“WP”),  the managing member of WP Partner; Warburg Pincus LLC, a New York limited liability company (“WP LLC”),  the manager of the WP VIII Funds, the WP X Funds, and WP X O&G; and Charles R. Kaye and Joseph P. Landy, each a Managing General Partners of WP and a Managing Member and Co-President of WP LLC who may be deemed to control the Warburg Pincus Reporting Persons (as defined below).

 

Each of Messrs. Kaye and Landy, together with the WP VIII Funds, the WP X Funds, WP X O&G, WP Antero, WP X GP, WP X LLC, WP-WPVIII LLC, WP Partners, WP and WP LLC are collectively referred to herein as the “Warburg Pincus Reporting Persons”.

 

Item 2(b)        Address of Principal Business Office.

 

The principal business address of each of the Warburg Pincus Reporting Persons is 450 Lexington Avenue, New York, New York 10017.

 

Item 2(c)        Citizenship.

 

See Item 2(a).

 

Item 2(d)        Title of Class of Securities.

 

Common Stock, par value $1.00 per share (the “Common Stock”).

 

17



 

Item 2(e)    CUSIP Number.

 

03674X 106

 

Item 3    If this statement is filed pursuant to §§240.13d—1(b) or 240.13d—2(b) or (c), check whether the person filing is a:

 

 

x

Not Applicable

 

 

 

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

 

 

 

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

 

 

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

 

 

 

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a—8);

 

 

 

(e)

o

An investment adviser in accordance with §240.13d—1(b)(1)(ii)(E);

 

 

 

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d—1(b)(1)(ii)(F);

 

 

 

(g)

o

A parent holding company or control person in accordance with §240.13d—1(b)(1)(ii)(G);

 

 

 

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

 

 

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a—3);

 

 

 

(j)

o

A non-U.S. institution in accordance with §240.13d—1(b)(1)(ii)(J);

 

 

 

(k)

o

Group, in accordance with §240.13d—1(b)(1)(ii)(K).

 

Item 4        Ownership.

 

The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Warburg Pincus Reporting Person and is incorporated herein by reference for each such Warburg Pincus Reporting Person.

 

WP Antero holds a 38.4% voting interest, and a minority economic interest that is determined based on a multi-level waterfall, in Antero Resources Investment LLC (“Antero Investment”), which directly owns the shares of Common Stock (as defined in Item 2(d) of this Schedule 13G) reported on this Schedule 13G.  Each of the WP VIII Funds, the WP X Funds and WP X O&G holds a beneficial interest in WP Antero.

 

Pursuant to the limited liability company agreement of Antero Investment (the “Antero LLC Agreement”), the disposition of any shares of the Common Stock held by Antero Investment requires the approval of the director appointed by WP Antero and at least 69% of the voting interests in Antero Investment.  Thus, for the purposes of Rule 13d-3 promulgated under the Securities and Exchange Act of 1934, as amended, (the “Exchange Act”), each Warburg Pincus Reporting Person may be deemed to have shared dispositive power with respect to the 220,965,909 shares of Common Stock (approximately 84.3% of the outstanding shares of Common Stock) held directly by Antero Investment.

 

Also pursuant to the Antero LLC Agreement, the board of directors of Antero Investment has the authority to vote the shares of Common Stock held by Antero Investment in its discretion with respect to matters deemed ordinary course, including the election of directors, the ratification of the auditor, the approval of incentive compensation plans and proposals submitted by other stockholders. On all other matters, the board of directors of Antero Investment is required to vote the shares of Common Stock in equal proportion to the vote cast by members holding voting units relative to all outstanding voting units.  Thus, each Warburg Pincus Reporting Person may be deemed to have shared voting power with respect to the portion of the 220,965,909 shares of Common Stock held directly by Antero Investment corresponding to the 38.4% voting interest in Antero Investment described above.

 

18



 

Each Warburg Pincus Reporting Person other than Messrs. Kaye and Landy expressly disclaims beneficial ownership with respect to any shares of Common Stock in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.  Each of Messrs. Kaye and Landy expressly disclaims beneficial ownership with respect to any Common Stock, other than the Common Stock owned of record by Mr. Kaye or Mr. Landy, respectively.

 

Item 5        Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the Warburg Pincus Reporting Person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following o.

 

Item 6        Ownership of More than Five Percent on Behalf of Another Person.

 

Other than as set forth herein, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, in excess of 5% of the total outstanding Common Stock.

 

19



 

Item 7                        Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

Inapplicable.

 

Item 8        Identification and Classification of Members of the Group.

 

The Warburg Pincus Reporting Persons are making this single, joint filing because they may be deemed to constitute a “group” within the meaning of Section 13(d)-3 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”). The joint filing agreement among the Warburg Pincus Reporting Persons to file this Schedule 13G jointly in accordance with Rule 13d-1(k) of the Exchange Act is attached hereto as Exhibit 99.1. Each Warburg Pincus Reporting Person other than Messrs. Kaye and Landy expressly disclaims beneficial ownership with respect to any shares of Common Stock in excess of the greater of the Shared Voting Power listed above and its economic interest in the Common Stock.  Each of Messrs. Kaye and Landy expressly disclaims beneficial ownership with respect to any Common Stock, other than the Common Stock owned of record by Mr. Kaye or Mr. Landy, respectively.

 

Item 9        Notice of Dissolution of Group.

 

Inapplicable.

 

Item 10      Certification.

 

Inapplicable.

 

20



 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: November 1, 2013

 

 

WARBURG PINCUS PRIVATE EQUITY VIII, L.P.

 

 

 

By: Warburg Pincus Partners LLC, its general partner

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WARBURG PINCUS NETHERLANDS PRIVATE EQUITY VIII C.V. I

 

 

 

By: Warburg Pincus Partners LLC, its general partner

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WP – WPVIII INVESTORS, L.P.

 

 

 

By: WP – WPVIII Investors, LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WARBURG PINCUS PRIVATE EQUITY X, L.P.

 

 

 

By: Warburg Pincus X, L.P., its general partner

 

By: Warburg Pincus X LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

21



 

 

WARBURG PINCUS X PARTNERS, L.P.

 

 

 

By: Warburg Pincus X, L.P., its general partner

 

By: Warburg Pincus X LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WARBURG PINCUS PRIVATE EQUITY X O&G, L.P.

 

 

 

By: Warburg Pincus X, L.P., its general partner

 

By: Warburg Pincus X LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

22



 

 

WP ANTERO, LLC

 

 

 

By: WP Antero Holdco, LLC, its managing member

 

By: WP Antero Topco, Inc. its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Director

 

 

 

WARBURG PINCUS X, L.P.

 

 

 

By: Warburg Pincus X LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

 

 

 

 

WARBURG PINCUS X LLC

 

 

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

 

WP – WPVIII INVESTORS LLC

 

 

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

 

WARBURG PINCUS PARTNERS LLC

 

 

 

By: Warburg Pincus & Co., its managing member

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

23



 

 

WARBURG PINCUS & CO.

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

24



 

 

WARBURG PINCUS LLC

 

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Managing Director

 

 

 

 

 

CHARLES R. KAYE

 

 

 

 

By:

/s/ Steven G. Glenn

 

 

Steven G. Glenn, Attorney-in-Fact*

 

 

 

JOSEPH P. LANDY

 

 

 

 

By:

/s/ Steven G. Glenn

 

 

Steven G. Glenn, Attorney-in-Fact*

 

*                      The Power of Attorney given by each of Warburg Pincus & Co., Mr. Kaye and Mr. Landy was previously filed with the U.S. Securities & Exchange Commission on January 15, 2013 as an exhibit to a statement on Schedule 13D/A filed by Warburg Pincus Private Equity X, L.P. with respect to Talon Therapeutics, Inc. and is hereby incorporated by reference.

 

Schedule 13G Signature Page

 

25


EX-99.1 2 a13-23342_1ex99d1.htm EX-99.1

EXHIBIT 99.1

 

JOINT FILING AGREEMENT

 

The undersigned each agree that (i) the statement on Schedule 13G relating to the common stock of Antero Resources Corporation, a Delaware corporation, has been adopted and filed on behalf of each of them, (ii) all future amendments to such statement on Schedule 13G will, unless written notice to the contrary is delivered as described below, be jointly filed on behalf of each of them, and (iii) the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934 apply to each of them. This agreement may be terminated with respect to the obligation to jointly file future amendments to such statement on Schedule 13G as to any of the undersigned upon such person giving written notice thereof to each of the other persons signatory hereto, at the principal office thereof.  In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement as of October 31, 2013.

 



 

JOINT FILERS’ SIGNATURES

 

Date: November 1, 2013

 

 

WARBURG PINCUS PRIVATE EQUITY VIII, L.P.

 

 

 

By: Warburg Pincus Partners LLC, its general partner

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WARBURG PINCUS NETHERLANDS PRIVATE EQUITY VIII C.V. I

 

 

 

By: Warburg Pincus Partners LLC, its general partner

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WP — WPVIII INVESTORS, L.P.

 

 

 

By: WP — WPVIII Investors, LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WARBURG PINCUS PRIVATE EQUITY X, L.P.

 

 

 

By: Warburg Pincus X, L.P., its general partner

 

By: Warburg Pincus X LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

2



 

 

WARBURG PINCUS X PARTNERS, L.P.

 

 

 

By: Warburg Pincus X, L.P., its general partner

 

By: Warburg Pincus X LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WARBURG PINCUS PRIVATE EQUITY X O&G, L.P.

 

 

 

By: Warburg Pincus X, L.P., its general partner

 

By: Warburg Pincus X LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

3



 

 

WP ANTERO, LLC

 

 

 

By: WP Antero Holdco, LLC, its managing member

 

By: WP Antero Topco, Inc. its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Director

 

 

 

WARBURG PINCUS X, L.P.

 

 

 

By: Warburg Pincus X LLC, its general partner

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

 

 

WARBURG PINCUS X LLC

 

 

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WP — WPVIII INVESTORS LLC

 

 

 

By: Warburg Pincus Partners LLC, its sole member

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

 

 

WARBURG PINCUS PARTNERS LLC

 

 

 

By: Warburg Pincus & Co., its managing member

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

4



 

 

WARBURG PINCUS & CO.

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Attorney-in-Fact*

 

5



 

 

WARBURG PINCUS LLC

 

 

 

By:

/s/ Steven G. Glenn

 

Name:

Steven G. Glenn

 

Title:

Managing Director

 

 

 

 

 

CHARLES R. KAYE

 

 

 

By:

/s/ Steven G. Glenn

 

 

Steven G. Glenn, Attorney-in-Fact*

 

 

 

JOSEPH P. LANDY

 

 

 

By:

/s/ Steven G. Glenn

 

 

Steven G. Glenn, Attorney-in-Fact*

 

*                 The Power of Attorney given by each of Warburg Pincus & Co., Mr. Kaye and Mr. Landy was previously filed with the U.S. Securities & Exchange Commission on January 15, 2013 as an exhibit to a statement on Schedule 13D/A filed by Warburg Pincus Private Equity X, L.P. with respect to Talon Therapeutics, Inc. and is hereby incorporated by reference.

 

6