American Energy Partners LP and The Energy & Minerals Group (EMG) have formed American Energy Midstream LLC (AE-MidCo) to focus on areas where affiliates of both companies have active upstream operations. AE-MidCo plans to build a portfolio of midstream assets focused on natural gas gathering and processing systems. AELP earlier this month entered into the Permian and southern Marcellus while expanding its Utica acreage in deals totaling $4.25 billion. This deal marks the latest in a series of company transactions focusing capital toward unconventional midstream gas operations.
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