American Energy Drops $726M On Texas Acreage

Law360, New York (October 29, 2014, 2:51 PM EDT) -- Private equity-backed American Energy Partners LP has increased its presence in Permian Basin of west Texas, saying Tuesday that it’s spent $726 million in a series of deals over the past three months to acquire thousands of acres of leased land and oil production in the oil-rich region.

American Energy Partners unit American Energy – Permian Basin LLC said it’s completed or entered into definitive agreements with multiple unnamed sellers to acquire net production of approximately 1,400 barrels of oil equivalent per day and approximately 27,000 net acres of leasehold in the Wolfcamp shale play in the Permian’s Midland Basin....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS