American Energy Partners Inc.

American Energy Partners, Inc. (AEPT), based in Allentown, PA, is a small but diversified company. They have their fingers in a number of different oil and gas pies, including subsidiaries in drilling, remediation, water, and more. We’ve written a number of posts about AEPT, the most recent in July 2022 when the company purchased Austin Master Services, a company that services the Marcellus/Utica industry (and other industries) with radiological waste management solutions, including remediation, decontamination & decommissioning (D&D), and transport (see American Energy Buys Radioactive Waste Co. Austin Master Services). Last Friday, the company announced it is changing its name from American Energy Partners to American Environmental Partners.
Read More “American Energy Partners Changes Name, Swaps Enviro. for Energy”

American Energy Partners, Inc. (AEPT), based in Allentown, PA, is a small but diversified company. They have their fingers in a number of different oil and gas pies, including subsidiaries in drilling, remediation, water, valuation services, and education. Yesterday American Energy announced they have hired a former CNX Resources vice president to become the company’s new Chief Operating Officer. Kurtis Z. Hoffman has been hired as COO for American Energy effective January 1, 2022.
Read More “Small PA Energy Co. Snags Former CNX VP as Chief Operating Officer”

MDN previously highlighted news from a relatively new company called American Energy Partners, Inc., based in Allentown, PA, and their subsidiary company Gilbert Oil & Gas (see our AEP stories here). The name is always jarring when we see it, because Aubrey McClendon’s second act after getting ejected from Chesapeake Energy was to found and run a company called American Energy Partners. However, Aubrey’s company was an LLC, and this one is an Inc.–same name but different forms of business entity. Still, we wonder how AEP Inc. has been able to avoid getting sued by the McClendon estate over their use of the name. But we digress. Thus far we’ve seen a lot of press releases (i.e. “smoke”) from AEP. Who are these guys and are they a serious company? Has there been any “fire” to accompany the smoke? We have to say yes, they are serious and yes, there has been at least some red embers burning. In October we reported that AEP’s drilling subsidiary Gilbert Oil & Gas had closed on a deal giving them 12 wells and 1,100 Marcellus acres in Washington County, PA (see American Energy Closes on “Tier I” Assets – Exclusive Details). Hey, it’s a beginning! The company is small and young, but with a determined team. Recently AEP added a new member to the team (a graduate of West Point AND the U.S. Army War College, as well as being a former PA State Senator) as Chief Strategy Officer. Here’s more information about AEP, a company to keep an eye on in 2018…
Read More “American Energy Partners – Lots of Smoke, Any Fire?”

Earlier this week MDN told you of the curious case of American Energy Partners, Inc.–a company headquartered in Allentown, PA that appears to have nothing to do with Aubrey McClendon’s now-closed American Energy Partners (see American Energy Partners Invests in “Tier I” Marcellus Assets). We highlighted a press release from the enigmatic AEP announcing investments in “Tier I” Marcellus assets (although no specifics were revealed). We received a note from AEP following that story to say another press release would follow, yesterday. And indeed it did. AEP announced yesterday that its drilling subsidiary, called Gilbert Oil & Gas Company, has just invested in a plugging & abandonment company focused on the Marcellus/Utica. Once again there were no specifics, other than Gilbert now owns 30% of the unnamed plugging company. Here’s the press release…
Read More “American Energy Partners Subsidiary Buys 30% Share of Plugging Co.”