American Energy Partners LP on Monday announced the hiring of former Chesapeake Energy Corp. executive Jeff Fisher as its chief operating officer.
Chesapeake co-founder Aubrey McClendon established American Energy earlier this year after being forced out by the reconstituted board at Chesapeake. It is based just down the road from Chesapeake's Oklahoma City campus.
Fisher was laid off by Chesapeake in August as new CEO Doug Lawler began a reorganization that eventually included about 900 layoffs.
Fisher, an Oklahoma State University graduate, spent 10 years at Chesapeake, ending his tenure there as executive vice president of production. He also worked for BP, Vastar and Arco.
American Energy credited Fisher with helping Chesapeake become the second-largest producer of natural gas in the U.S.
American Energy announced last month it had secured $1.7 billion in loans and private equity commitments to acquire leasehold in Ohio's Utica Shale. The company expects to have 12 rigs active there in the next couple of years.
The new company erected billboards near its headquarters and other key points around Oklahoma City beginning in April to announce it was hiring. Many now proclaim “Still Hiring.”
American Energy on Monday declined to detail how many people it has hired, but McClendon and 16 other American Energy employees recently joined the Oklahoma Independent Petroleum Association, according to the association's monthly magazine.