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Monday, March 9, 2015

Aubrey McClendon's AEP Looking to Sell Off Chunk of Utica Shale Acreage

From Columbus Business First:
American Energy Partners LP is looking to sell 29,000 acres from its undeveloped Ohio Utica shale portfolio. 
The land is in two different parts of eastern Ohio: About 18,000 acres in Noble, Guernsey and Tuscarawas counties on the western edge of the play, and 11,000 acres in Jefferson, Columbiana and Carroll counties, according to a presentation the company sent to potential interested parties obtained by Columbus Business First. 
It touted the land as "providing acreage exposure ranging from rich condensate acreage in Guernsey and Noble counties to the northern dry gas window in Jefferson and Columbiana counties." 
A representative declined to comment.
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