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McClendon’s American Energy Snatches Up 130,000 More Acres In Utica

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By Emily Moser, Hart Energy
February 3, 2014

Aubrey McClendon's American Energy Partners LP is racking up its holdings in the Utica shale.

American Energy-Utica LLC (AEU), an affiliate of American Energy Partners, announced Feb. 3 that it signed three agreements to acquire 130,000 net acres in the southern Utica shale play. McClendon founded both Oklahoma City-based companies and is their chairman and CEO.

On Jan. 29, Hess Corp. (NYSE: HES) announced the disposition of 74,000 acres in the Utica for $924 million to an undisclosed buyer. Charlie Rexford, a spokesman for American Energy, confirmed it was the ...

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