American Energy Partners Inc. said this week that it would acquire three oil and natural gas producers in western Pennsylvania and West Virginia in a deal valued at nearly $11 million. 

The Allentown, PA-based company, traded over the counter, said it would acquire 100% of the stock and units of the three undisclosed companies.

“This transaction furthers our commitment to acquiring steady cash flowing businesses while enhancing our ability to develop alternative green energy opportunities with the vast amount of acreage included in the package,” said CEO Brad Domitrovitsch.

The deal includes 467 wells that are producing 1.25 Bcfe/d and midstream assets scattered across 695 acres of 100%-owned surface and mineral rights. There are no drilling commitments or obligations for...