Saturday, 31 August 2013

McClendon's latest venture focuses on Ohio - Fort Worth Star TelegramLive Mode

blogs.star-telegram.com - Former Chesapeake Energy CEO Aubrey McClendon has settled on Ohio's Utica Shale for his re-entry into the energy business, according to several published reports. The Wall Street Journal has one account , as does industry trade journal Upstream and others. You'll run into pay walls at those publications, but the basics are this: McClendon's new energy company, American Energy Partners LP, is the unannounced buyer of some 22,500 acres of leases in the Utica, a developing shale play, sold last week for $284 million by Enervest, a Houston-based energy investor also active in the Barnett Shale.

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