Industry Brief
Affiliates of American Energy Partners LP have completed two acquisitions in the Utica and Marcellus shales (see Shale Daily, June 9). American Energy-Utica LLC spent $475 million to purchase close to 27,000 net acres in Monroe County, OH, from East Resources Inc. and an undisclosed private company. From the same sellers, American Energy-Marcellus LLC completed a $1.275 billion purchase of 48,000 net acres in West Virginia’s Doddridge, Harrison, Marion, Tyler and Wetzel counties.
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