McClendon starts new energy company down the street from Chesapeake

“I am not scared of natural gas,” McClendon says in email.
by Brianna Bailey Modified: April 17, 2013 at 10:34 pm •  Published: April 18, 2013
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Less than a month after stepping down as the CEO of Chesapeake Energy, Aubrey McClendon has launched a new energy company just down the street from his old office.

McClendon's new venture, American Energy Partners LP, is headquartered on the sixth floor of the Harvey Parkway office building 301 NW 63, about half a mile east of Chesapeake Energy's headquarters.

McClendon declined to talk about his new company on Wednesday, but an email obtained by The Oklahoman shows that he is actively seeking new oil and gas drilling opportunities.

In an email sent to multiple people in the oil and gas business on Tuesday, McClendon wrote that he has founded and serves as the chairman and CEO of American Energy Partners.

McClendon said in the email that American Energy Partners is looking to acquire onshore assets in the United States.

“My goal is to build a substantial E&P (exploration and production) company both through the drillbit and through acquisitions of producing properties,” McClendon said in the email. “In particular, I will be looking for deals with a lot of drilling left on them and will also consider undeveloped acreage deals — plus, I am not scared of natural gas.”

Records filed with the Oklahoma Secretary of State show the company Arcadia Capital LLC was incorporated in January. The entities McClendon Energy Operating LLC and American Energy Partners LP were incorporated on the same day in February.

Building permits show Arcadia Capital began renovations on the sixth floor of the Harvey Parkway building in March.

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by Brianna Bailey
Business Writer
Brianna Bailey has lived in Idaho, Germany and Southern California, but Oklahoma is her adopted home. She has a bachelor's degree in Journalism from the Univerisity of Oklahoma and has worked at several newspapers in Oklahoma and Southern...
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