American Energy Partners, LP was founded by Aubrey K. McClendon in April 2013. The Oklahoma City-based company aims to capitalize on opportunities available in unconventional resource plays onshore in the United States. McClendon co-founded Chesapeake Energy (ticker: CHK) in 1983 and served as its CEO until April 2013.

On October 9, 2013, American Energy – Utica, LLC (AEU), an affiliate of American Energy Partners, LP announced the acquisition of approximately 110,000 net acres in the Utica Shale.

According to the release, AEU raised approxim...

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