Oil, Gas and Consumable Fuels
Company Overview of American Energy Partners, LP
American Energy Partners, LP provides oil and gas exploration and production. The company was founded in 2013 and is based in Oklahoma City, Oklahoma.
301 N.W. 63rd Street
Harvey Parkway Office Building
Oklahoma City, OK 73116
Founded in 2013
Key Executives for American Energy Partners, LP
Co-Founder, Chairman and Chief Executive Officer
Senior Vice President of Capital Formation
Chief Financial Officer of Institutional Investments and Chief Investment Officer of Institutional Investments
Compensation as of Fiscal Year 2015.
American Energy Partners, LP Key Developments
EIM Capital and American Energy Partners Join Forces to Pursue Unconventional Energy Exploration in Mexico
Sep 1 15
EIM Capital and American Energy Partners, LP announced a new, long-term, landmark partnership to explore the vast exploration and development opportunities offered by Mexico's abundant oil and gas energy resources. Mexico currently holds some of the unconventional oil and gas reserves more than 60 billion barrels of shale resources. These untapped unconventional energy resources could become highly economic for efficient developers and producers, and bolster a strong North American energy policy. The two companies announced that American Energy Partners and EIM Capital have entered into an agreement whereby, upon the completion of certain conditions, American Energy Partners will make a significant investment into EIM Capital to jointly pursue investments in Mexico's energy industry and explore unconventional oil and gas development.
American Energy Partners Changes Management Team
Apr 21 15
American Energy Partners, LP (AELP) announced that it has hired Scott D. Sachs as Senior Geoscience Executive Advisor and Traci D. Cook as Chief Accounting Officer. Sachs, 54, previously worked for Chesapeake Energy Corporation as Vice President of Geoscience from 2005 through 2014. Cook, 50, previously worked for Chesapeake Energy Corporation for 19 years, most recently as Vice President and Division Controller of Financial Analysis and Reporting since 2006.
American Energy-Utica LLC and the Energy & Minerals Group Announce Confidential Settlement of Lawsuit Filed by Chesapeake Energy Corporation
Apr 14 15
On February 17, 2015, Chesapeake Energy Corporation filed a lawsuit against American Energy Partners, LP, American Energy –Ohio, LLC, AEU Incentive Holdings, LLC, American Energy –Utica, LLC, McClendon Energy Operating, LLC and John Doe Investors 1-20. The Energy & Minerals Group and American Energy –Utica, LLC, of which Aubrey K. McClendon is no longer an officer, have reached a confidential settlement. In exchange for the assignment of approximately 6,000 acres in Northern Harrison County, Ohio and a combination of cash and contingent cash payments not to exceed $25 million, AEU and the John Doe Investors 1-20 have been dismissed from the lawsuit with prejudice to the refiling of same, and are no longer parties. Chesapeake has informed The Energy & Minerals Group that litigation remains ongoing against American Energy Partners, LP and other parties and will be prosecuted accordingly.
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