0001193125-20-031684.txt : 20200212 0001193125-20-031684.hdr.sgml : 20200212 20200211192202 ACCESSION NUMBER: 0001193125-20-031684 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200212 DATE AS OF CHANGE: 20200211 GROUP MEMBERS: CHARLES R. KAYE GROUP MEMBERS: JOSEPH P. LANDY GROUP MEMBERS: WARBURG PINCUS & CO. GROUP MEMBERS: WARBURG PINCUS LLC GROUP MEMBERS: WARBURG PINCUS PARTNERS GP LLC GROUP MEMBERS: WARBURG PINCUS PARTNERS, L.P. GROUP MEMBERS: WARBURG PINCUS X GP L.P. GROUP MEMBERS: WARBURG PINCUS X, L.P. GROUP MEMBERS: WPP GP 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87677 FILM NUMBER: 20599094 BUSINESS ADDRESS: STREET 1: 1615 WYNKOOP STREET CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-357-7325 MAIL ADDRESS: STREET 1: 1615 WYNKOOP STREET 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 X O&G, L.P. CENTRAL INDEX KEY: 0001528258 IRS NUMBER: 263605628 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A 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 X O&G, L.P. DATE OF NAME CHANGE: 20110818 SC 13G/A 1 d846374dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 6)

 

 

Antero Resources Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

03674X 106

(CUSIP Number)

December 31, 2019

(Date of Event Which Requires Filing of this Statement)

 

 

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

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ 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

 

  1    

  Name of Reporting Person

 

  Warburg Pincus Private Equity X O&G, L.P.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  PN

 

1


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  Warburg Pincus X, L.P.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  PN

 

2


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  Warburg Pincus X GP L.P.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  PN

 

3


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  WPP GP LLC

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  OO

 

4


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  Warburg Pincus Partners, L.P.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  PN

 

5


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  Warburg Pincus Partners GP LLC

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  OO

 

6


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  Warburg Pincus & Co.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  PN

 

7


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  Warburg Pincus LLC

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  OO

 

8


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  Charles R. Kaye

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  IN

 

9


CUSIP No. 03674X 106

 

  1    

  Name of Reporting Person

 

  Joseph P. Landy

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  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

 

  660,849

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  660,849

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  660,849

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0% (1)

12  

  Type of Reporting Person

 

  IN

 

(1)

Calculation is based upon 304,270,444 shares of common stock, par value $0.01 per share, of Antero Resources Corporation outstanding as of October 25, 2019, as set forth in the Form 10-Q of Antero Resources Corporation filed with the U.S. Securities and Exchange Commission on October 29, 2019.

 

10


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 1615 Wynkoop Street, Denver, Colorado 80202.

 

Item 2(a).

Name of Person Filing.

This Amendment No. 6 to Schedule 13G is filed on behalf of the following (collectively, the “Warburg Pincus Reporting Persons”): (i) Warburg Pincus Private Equity X O&G, L.P., a Delaware limited partnership (“WP X O&G”), (ii) Warburg Pincus X, L.P., a Delaware limited partnership (“WP X GP”) and the general partner of WP X O&G and Warburg Pincus X Partners, L.P., a Delaware limited partnership (“WP X Partners”), (iii) Warburg Pincus X GP L.P., a Delaware limited partnership (“WP X GP LP”) and the general partner of WP X GP, (iv) WPP GP LLC, a Delaware limited liability company (“WPP GP”) and the general partner of WP X GP LP, (v) Warburg Pincus Partners, L.P., a Delaware limited partnership (“WP Partners”) and the managing member of WPP GP, (vi) Warburg Pincus Partners GP LLC, a Delaware limited liability company (“WP Partners GP”) and the general partner of WP Partners, (vii) Warburg Pincus & Co., a New York general partnership (“WP”) and the managing member of WP Partners GP, (viii) Warburg Pincus LLC, a New York limited liability company (“WP LLC”) and the manager of WP X O&G and WP X Partners, and (ix) Charles R. Kaye and Joseph P. Landy, who are each Managing General Partners of WP and Managing Members and Co-Chief Executive Officers of WP LLC.

In Amendment No. 5 to Schedule 13G filed by the Warburg Pincus Reporting Persons on February 12, 2019, the Warburg Pincus Reporting Persons disclosed that Messrs. Kaye and Landy, as Managing General Partners of WP and Managing Members and Co-Chief Executive Officers of WP LLC, may be deemed to control the entities listed in clauses (i) through (viii) above (the “Warburg Pincus Reporting Entities”) and that Messrs. Kaye and Landy disclaim beneficial ownership of all shares held by the Warburg Pincus Reporting Entities. As of January 31, 2020, investment and voting decisions with respect to any securities held by the Warburg Pincus Reporting Entities are made by a committee of three or more individuals (each of whom disclaim beneficial ownership of such securities); as such, Messrs. Kaye and Landy are no longer deemed to beneficially own any securities held by the Warburg Pincus Reporting Entities.

 

Item 2(b).

Address of Principal Business Office.

c/o Warburg Pincus LLC

450 Lexington Avenue

New York, NY 10017

 

Item 2(c).

Citizenship.

See Item 2(a).

 

Item 2(d).

Title of Class of Securities.

Common stock, par value $0.01 per share (the “Common Stock”).

 

Item 2(e).

CUSIP Number.

03674X 106

 

11


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:

 

(a)       Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)       Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)       Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)       Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
(e)       An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)       An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)       A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
(h)       A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)       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)       A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
(k)       Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

Item 4.

Ownership.

The information required by Item 4 is set forth in Rows 5-11 of the cover pages hereto for each Warburg Pincus Reporting Person and is incorporated herein by reference for each such Warburg Pincus Reporting Person.

 

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 Persons have ceased to be the beneficial owner of more than 5 percent of the Common Stock, check the following ☒.

 

Item 6.

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

Inapplicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

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 Act. The joint filing agreement among the Warburg Pincus Reporting Persons to file jointly is attached to Amendment No. 2 to Schedule 13G previously filed with the U.S. Securities and Exchange Commission by the Warburg Pincus Reporting Person with respect to the Issuer on February 12, 2016.

 

Item 9.

Notice of Dissolution of Group.

Inapplicable.

 

Item 10.

Certifications.

Inapplicable.

 

12


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: February 11, 2020     WARBURG PINCUS PRIVATE EQUITY X O&G, L.P.
    By:   Warburg Pincus X, L.P., its general partner
    By:   Warburg Pincus X GP L.P., its general partner
    By:   WPP GP LLC, its general partner
    By:   Warburg Pincus Partners, L.P., its managing member
    By:   Warburg Pincus Partners GP LLC, its general partner
    By:   Warburg Pincus & Co., its managing member
    By:  

/s/ Robert B. Knauss

      Name:    Robert B. Knauss
      Title:      Partner
    WARBURG PINCUS X, L.P.
    By:   Warburg Pincus X GP L.P., its general partner
    By:   WPP GP LLC, its general partner
    By:   Warburg Pincus Partners, L.P., its managing member
    By:   Warburg Pincus Partners GP LLC, its general partner
    By:   Warburg Pincus & Co., its managing member
    By:  

/s/ Robert B. Knauss

      Name:    Robert B. Knauss
      Title:      Partner
    WARBURG PINCUS X GP L.P.
    By:   WPP GP LLC, its general partner
    By:   Warburg Pincus Partners, L.P., its managing member
    By:   Warburg Pincus Partners GP LLC, its general partner
    By:   Warburg Pincus & Co., its managing member
    By:  

/s/ Robert B. Knauss

      Name:    Robert B. Knauss
      Title:      Partner
    WPP GP LLC
    By:   Warburg Pincus Partners, L.P., its managing member
    By:   Warburg Pincus Partners GP LLC, its general partner
    By:   Warburg Pincus & Co., its managing member
    By:  

/s/ Robert B. Knauss

      Name:    Robert B. Knauss
      Title:      Partner

[Signature Page to Schedule 13G]


WARBURG PINCUS PARTNERS, L.P.
By:   Warburg Pincus Partners GP LLC, its general partner
By:   Warburg Pincus & Co., its managing member
By:  

/s/ Robert B. Knauss

  Name:    Robert B. Knauss
  Title:      Partner
WARBURG PINCUS PARTNERS GP LLC
By:   Warburg Pincus & Co., its managing member
By:  

/s/ Robert B. Knauss

  Name:    Robert B. Knauss
  Title:      Partner
WARBURG PINCUS & CO.
By:  

/s/ Robert B. Knauss

  Name:    Robert B. Knauss
  Title:      Partner
WARBURG PINCUS LLC
By:  

/s/ Robert B. Knauss

  Name:    Robert B. Knauss
  Title:      Managing Director
CHARLES R. KAYE
By:  

/s/ Robert B. Knauss

  Robert B. Knauss, Attorney-in-Fact*
JOSEPH P. LANDY
By:  

/s/ Robert B. Knauss

  Robert B. Knauss, Attorney-in-Fact*

 

*

The Power of Attorney given by each of Mr. Kaye and Mr. Landy was previously filed with the U.S. Securities & Exchange Commission on July 12, 2016 as an exhibit to a beneficial ownership report on Schedule 13D filed by Warburg Pincus LLC with respect to WEX, Inc. and is hereby incorporated by reference.

[Signature Page to Schedule 13G]