What is a PPROD payment?

Good morning! How do we find out if there is any interest in new drilling on our property? We currently have one very active well and two that seem to be winding down. Also, the company must have some idea how long the well will be active. Do they offer this information if called? (Antero)

Also what exactly is the PPROD payment that we are receiving?

Thank you for your information. We appreciate it very much.

Should be Plant Products, or in other words NGL’s (natural gas liquids). Most of Antero’s wells are wet gas so they strip out the heavy components (propane, etc.) at the processing plant and you are paid a premium for those over dry gas.

Thank you very much. You explained it very well. I appreciate that.

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