ALLENTOWN, PA, March 02, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --American Energy Partners, Inc. (“American Energy”) (PINK: AEPT), a diversified energy company, announces that Oilfield Basics, a wholly owned subsidiary, is expanding its course catalog. We estimate the catalog to be complete by the end of summer 2020. These courses will add to our current available content library covering Economic Evaluation, Valuation of Mineral Rights, Gas Lift Optimization and other production topics. The course offerings will be geared towards oil and gas production, best practices and cost saving measures as well as professional credit hour certifications.
In addition to industry certifications, courses will count towards Continuing Education Credits with a target market of professional engineers and professional geologists. The target price for these courses will be in line with competitors in the space, with packages of courses to be offered at a discounted rate. As with all economies of scale, we intend to be conscious of our margins as well as the increase in cost as blended services may or may not be added.
Josh Hickman, COO of American Energy Partners, had this to say concerning the expanded catalogue, “American Energy sees providing quality, on demand instruction on needed topics in the Energy, Consulting and Legal industries as a critical growth engine for Oilfield Basics. These courses will fill the niche of high-quality lower-cost education specific to these industries.”
Derek Krieg, President of Oilfield Basics, additionally stated, “Our goal is to make these courses as content-rich as possible -- almost like you are sitting in class with the instructor. Our competitor’s solutions in this space are often around 80% or more reading. For Gen Z’s, that is not acceptable. Videos and interactive content are going to be a critical part of these courses and our ongoing success.”
For additional information, visit: Oilfield Basics, LLC
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.
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