McClendon Nearly Triples Australian Shale Deal – 55M Acres!

unconvetional wildcattersThree weeks ago MDN told you that Aubrey McClendon and his American Energy Partners had made their first foray into international oil and gas drilling (see Aubrey McClendon Leases 21.5 MILLION Acres…in Australia?!). McClendon’s move was to lock up acreage under lease, which is how he typically operates, and figure out how to finance the drilling later. Once he got going, Aubrey just couldn’t help himself. He didn’t stop with 21.5 million acres as originally announced–he kept right on going and ended up cutting four deals Down Under for a total of an eye-popping 55 million acres! And he’s working on a deal for ANOTHER 10 million acres!! Here’s the details as we know them…

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