American Energy Partners Invests in “Tier I” Marcellus Assets

This story is a tangled web we’re having trouble unraveling. We’re hoping some astute MDN readers can shed some light for us. A few days ago we noticed a press release from American Energy Partners, Inc., with a subsidiary company called Gilbert Oil & Gas, claiming to have invested in some “Tier I” Marcellus and Utica Shale gas and oil wells, as well as undeveloped acreage in the region. Wait right there. Isn’t American Energy Partners (AEP) the company founded by Aubrey McClendon after he was tossed out of Chesapeake Energy? AEP announced last year, following the death of McClendon, they were closing the doors (see McClendon’s American Energy Partners Shutting Down This Summer). Did someone buy the name or the remains of the company and reopen it? We started teasing on those threads and here’s what we’ve been able to find…

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