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American Energy buys Permian assets

The Permian-focused subsidiary of Aubrey McClendon’s American Energy Partners has bought about 27,000 acres on the Midland side of the Permian basin for $726 million and announced plans for an initial public offering of shares in the next 12 months.

Asset buy: American Energy has picked up more acreage in the Permian basin through one of its subsidiaries
Asset buy: American Energy has picked up more acreage in the Permian basin through one of its subsidiaries
Published 29 October 2014, 00:22Updated 17 October 2016, 13:17