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McClendon’s American Energy Expands Its Reach With $4.25 Billion Acquisition

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By Emily Moser, Hart Energy
June 9, 2014

While it may have seemed like Aubrey McClendon's American Energy Partners LP only had eyes for the Utica Shale, his Oklahoma City-based company has turned around and entered two more shale plays.

American Energy announced June 9 it agreed to buy acreage in the Utica, Marcellus and Permian Basin in three transactions worth $4.25 billion.

American Energy – Permian Basin LLC will acquire 63,000 net acres in the Permian, primarily located in Reagan and Irion counties, Texas, from Enduring Resources LLC for $2.5 billion. This marks American Energy's entry into ...

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