AES & Partners Begin Phase II of the Mocanaqua Tunnel Project

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AES & Partners Begin Phase II of the Mocanaqua Tunnel Project

Mine Pool Treatment and Utilization Development

PR Newswire

ALLENTOWN, Pennsylvania, April 5, 2018 /PRNewswire/ --

American Energy Partners, Inc. AEPT (the "Company", "American Energy" or "AEPT"), a diversified energy company, announces that wholly owned subsidiary American Energy Solutions, LLC ("AES"), in concert with the PADEP (Active and Abandoned Mine Operations Division), the Susquehanna River Basin Commission ("SRBC") and the Eastern Pennsylvania Coalition For Abandoned Mine Reclamation ("EPCAMR"), has begun Phase II of the Mocanaqua Tunnel project.

AES collaborated with EPCAMR and the SRBC to investigate the mine pools drained by the Mocanaqua Tunnel as a source of consumptive use mitigation water. Consumptively used water is water that is withdrawn from the basin but not returned. This project would allow the SRBC to develop sources of water to mitigate the impact that consumptive losses have in the basin. This phase of investigation will be comprised of a drilling program, water quality sampling, water level monitoring and a groundwater dye injection study.

"The Mocanaqua Tunnel Mine Project and the potential for future treatment and controlled reintegration of acid mine drainage water back into the watershed is a prime example of public/private partnerships resulting in innovative and sustainable solutions for water usage," said Mr. John Pippy, President of AES. "This project, while local in nature, has the potential to provide sustainable global solutions for water use during drought and low precipitation periods."

The United Nations 2030 Agenda for Sustainable Developments highlighted that water scarcity affects more than 40 percent of the global population; over 1.7 billion people live in river basins where water use exceeds recharge. Read the full article here: UN Water & Sanitation For All.

American Energy's Chairman & CEO, Mr. Brad Domitrovitsch states, "We need to continue thinking outside of the box when it comes to water usage, treatment and reintegration; American Energy is at the nexus of Water, Energy and Economic Development."

American Energy Partners, Inc. (AEPT) 

AEPT and its group of companies focus on providing solutions in markets where energy production and water meet technology. Collectively, the subsidiaries are engaged in the energy sector as well as the design, construction and operation of regional water treatment facilities that serve the industrial, energy and government sectors.

For additional information, visit: American Energy Partners, Inc.

Safe Harbor 

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of AEPT, statements relating to goals, plans and projections regarding AEPT's financial position and business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think", "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. AEPT cautions readers not to place undue reliance on such statements. AEPT does not undertake, and AEPT specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from AEPT's expectations and estimates.

Company Contact: contact@americanenergy-inc.com

SOURCE American Energy Partners, Inc.

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