American Energy Partners, Inc. (AEPT), based in Allentown, PA, has just added a fifth subsidiary/division to the company. AEPT agreed to acquire 100% of the membership units of Oilfield Basics, LLC in exchange for 1,000,000 shares of American Energy’s common shares. Oilfield Basics is an educational company, providing courses and training in the oil and gas space. It’s an interesting addition to a portfolio of companies that includes drilling, remediation, water, and valuation services.
American Energy Partners, Inc. (AEPT), based in Allentown, PA, has just added a fifth subsidiary/division to the company. AEPT agreed to acquire 100% of the membership units of Oilfield Basics, LLC in exchange for 1,000,000 shares of American Energy’s common shares. Oilfield Basics is an educational company, providing courses and training in the oil and gas space. It’s an interesting addition to a portfolio of companies that includes drilling, remediation, water, and valuation services.