People | Capital Markets | Private Equity Activity
American Energy Partners Names CFO of Woodford Affiliate
American Energy Partners, LP announced that on August 24, 2015, Elliot J. Chambers will join AELP as the Chief Financial Officer (CFO) of its affiliates American Energy – Woodford, LLC (AEW), American Energy – Minerals, LLC (AEMN) and American Energy – NonOp, LLC (AENO).
Chambers, 42, is replacing as CFO of AEW and AEMN, Jennifer M. Grigsby, who recently transferred to Ascent Resources, LLC as its CFO. Chambers previously worked for Chesapeake Energy Corporation for seven years in increasing roles of importance, including serving as Corporate Finance Manager from 2008 to 2009; Assistant Treasurer from 2009 to 2010; Vice President – Finance and Assistant Treasurer from 2011 to 2013; and Vice President and Treasurer from 2013 to 2015.
Prior to Chesapeake, Chambers worked in New York for Colgate-Palmolive Corporation, Prudential Financial, Verizon Communications and Ernst & Young in various accounting, finance and treasury roles. He earned his MBA from New York University in 2006 and a BBA in Accounting from Oklahoma State University in 1995. Chambers is a certified public accountant.
AEW has built a leading position of approximately 200,000 net acres in the Central Northern Oklahoma Woodford (CNOW) play, AEMN has built one of the largest mineral and overriding royalty interest (ORRI) positions in the Marcellus, Utica, Woodford and Wolfcamp Shale plays, with ownership of 30,000 net mineral acres and 40,000 net acres of ORRIs, and AENO has built one of the largest non-operated working interest positions in the STACK and SCOOP plays in Oklahoma with 20,000 net acres of leasehold distributed across more than 675 sections and with an interest in more than 360 wells.
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