American Energy Minerals Raises $500m

American Energy Minerals Holdings, LLC, an affiliate of American Energy Partners, LP, has raised $500 million in equity commitments to pursue a business plan focused on the acquisition of minerals and overriding royalty interests across targeted high-return onshore basins in the U.S.

The equity commitment was provided by AEMN’s private equity sponsor, Houston-based The Energy & Minerals Group, with additional equity provided by American Energy Partners others. The first $350 million closing will be used to acquire 28,000 net mineral acres and 29,000 acres of ORRIs across the the Woodford Shale in Oklahoma as well as Ohio’s Utica Shale, the Marcellus Shale in Pennsylvania and West Virginia, and the Permian Basin in Texas.

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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