AEP wound up

AMERICAN Energy Partners, the company founded by high-flying US oil field executive Aubrey McClendon in 2013 that pledged some $200 million to explore for unconventional gas in the Northern Territory is being wound up in the wake of the controversial tycoon's death.

20 May 2016
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The company is said to have started laying off its 450 workers and is set to shut down over the coming weeks.

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