OKLAHOMA CITY, JANUARY 5, 2015: Creating one of the largest pure-play Appalachian E&P companies in the U.S., American Energy Partners, LP (AELP) affiliates American Energy – Utica, LLC (AEU) and American Energy – Marcellus, LLC (AEM) announced today that they will combine in an all-stock transaction. Upon completion of the transaction, current AEU and AEM shareholders will own all of the common equity of newly formed American Energy Appalachia Holdings, LLC (AEA). AEU and AEM will remain wholly-owned subsidiaries of AEA and their existing debt and convertible debt securities remain unaffected.