Hydraulic Fracturing: Mergers, Oil and Gas Politics

In recent news, American Energy Partners, an Oklahoma-based energy company issued a statement announcing the upcoming merger of American Energy Utica and American Energy Marcellus. Both affiliates own more than 300,000 acres in the Utica and the Marcellus shale formations. American Energy Utica (AEU) and American Energy Marcellus (AEM) operate in Ohio and West Virginia and once the merger is complete, will create one of the largest natural gas and oil exploration and production companies in the Eastern United States. Both AEU and AEM will continue to be wholly owned by their current shareholders, and the new company will be known as American Energy Appalachia Holdings, LLC. The merger allows the company to take advantage of the complementary nature of the two shale areas. The merger allows the company to maximize its advantages and returns by combining its administrative, operational and downstream marketing efforts so that they can take advantage of more opportunities. With the upcom
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