Enduring Resources: Former Chesapeake CEO McClendon makes $4.25B in deals

Former Chesapeake Energy CEO Aubrey McClendon and his new venture, American Energy Partners, have announced $4.25 billion in acquisitions in the Permian Basin and the Utica and Marcellus shales. Forbes reported that AEP is spending $2.5 billion to buy Denver-based Enduring Resources and the 63,000 net acres it has leases, with 16,000 barrels per day of production in the Permian Basin of west Texas. Also, AEP announced acquisitions in the Utica shale region of Ohio and the Marcellus shale of Pennsylvania,…