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  "documentTitle": "Antero Midstream Partners | Investor Presentation Deck | 32 slides",
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  "authorName": "Antero Midstream",
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  "presentationDate": "2019-01-01 00:00:00",
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      "text": "Midstream Simplification (October 2018): Expected to close in 1Q 2019 (subject to the approval of Antero Midstream unitholders and AMGP shareholders), providing AR with at least $300 million in cash depending on the cash election of public AM unitholders",
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      "text": "Share Repurchases (November/December 2018): Repurchased 9.1 million shares (3% of outstanding shares) at an average price of $14.10/share; Approximately $470 million remaining in current $600 million share repurchase program",
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      "text": "Antero Announces 2019 Capital Budget and Production Guidance (January 2019): Disciplined plan with reduced D&C capital spending relative to 2018, within cash flow, while targeting 17% - 20% year-over-year production growth",
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      "text": "Hedge Monetizations and Restructuring (December 2018): Generated Proceeds of $357 million to repay debt; Resulting hedge portfolio protects price on 100% of 2019 and >50% of 2020 expected natural gas production",
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      "text": "Rover Sherwood Lateral In-service (November 2018): Enabled AR to shift ~550 MMcf/d of gas sales from Appalachian Basin pricing to premium Midwest pricing",
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      "text": "Mariner East 2 In-service (December 2018): ME2 initial phase in-service on 12/29/18 (capacity to move AR's 50,000 Bbl/d commitment); AR's 11,500 Bbl/d ethane sales contract with Borealis was in-service 11/1/2018 and 5,000 Bbl/d ethane contract with Ineos in-service 1/1/2019 with exports out of Marcus Hook, PA on ME1",
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      "text": "(1) Stand-alone drilling and completion capital spending at approximately Stand-alone Adjusted Operating Cash Flow levels assuming $50 per barrel WTI oil and $3.00 per MMBtu NYMEX natural gas prices.",
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