Perhaps no utility company in Alaska has been dealt such a devastating blow in such a short a time as AELP.
In order to sidestep any further avalanche disturbance to its infrastructure and customers, AELP began a project of installing three avalanche diversions at a cost of $2.
McClendon, Chairman and CEO of AELP
and Chairman of Traverse Midstream, commented, "I am very pleased today to see our second platform company announce its transition to becoming a fully independent standalone company.
McClendon and AELP
have established a website (www.
AEMN has built one of the largest mineral and overriding royalty interest (ORRI) positions in the Marcellus, Utica, Woodford and Wolfcamp Shale plays, with ownership of 28,000 net mineral acres and 32,000 net acres of ORRIs, primarily under acreage owned by AELP affiliate companies.
About American Energy C Minerals Holdings, LLC: American Energy C Minerals Holdings, LLC is an independent oil and natural gas company affiliated with American Energy Partners, LP focused on the acquisition and development of minerals and overriding royalty interests in the Marcellus, Utica, Woodford and Wolfcamp Shale plays, primarily under acreage owned by AELP affiliate companies.
AE-MidCo was formed by AELP
in June 2014 to acquire midstream assets primarily in high-growth areas in which AELP
upstream affiliates are active.
Recently created through the combination of the holding companies of AELP
affiliates American Energy C Utica, LLC (AEU) and American Energy C Marcellus, LLC (AEM), AEA has become one the largest pure-play Appalachian E&P companies with over 300,000 net acres in the prolific Utica and Marcellus shale plays located in eastern Ohio and northern West Virginia.
Using the AELPS alphome (Bell Labs) + two more AEPRS transpositions yields a longer seesaw.