Aubrey McClendon, who effective April 1 left Chesapeake Energy, the company he co-founded, has formed a new energy company named American Energy Partners LP, The Oklahoman reports. Citing an e-mail that the newspaper says was sent Tuesday to a number of people in the energy industry, "McClendon wrote that he has founded and serves as the chairman and CEO of American Energy Partners. McClendon said in the email that American Energy Partners is looking to acquire onshore assets in the United States," according to the report on the newspaper website. “My goal is to build a substantial E&P (exploration and production) company both through the drillbit and through acquisitions of producing properties,” McClendon says in the email. “In particular, I will be looking for deals with a lot of drilling left on them and will also consider undeveloped acreage deals — plus, I am not scared of natural gas.”
A link to The Oklahoma's report is here.
-- Jim Fuquay