OKLAHOMA CITY, Nov. 3, 2015 (GLOBE NEWSWIRE) -- American Energy – Permian Basin, LLC ("AEPB" or "the Company"), an affiliate of American Energy Partners, LP, announced today that it and AEPB Finance Corporation ("Finance Corp.", and together with the Company, the "Issuers") have extended the expiration date for their previously announced solicitation of consents ("Consent Solicitation") from holders of the Issuers' outstanding 8.000% Senior Secured Second Lien Notes due 2020 (the "Notes") to approve amendments (the "Proposed Amendments") to the indenture governing the Notes (the "Indenture").

The Consent Solicitation, scheduled to expire at 5:00 p.m. New York City time on November 2, 2015, has been extended until 5:00 p.m., New York City time, on November 3, 2015.

The Company also announced certain additional amendments (the "New Proposed Amendments") to the consent solicitation statement, dated October 26, 2015 (as supplemented to date, the "Outdated Consent Solicitation Statement"), and the accompanying consent letter, dated October 26, 2015, previously distributed to eligible holders of the Notes. The New Proposed Amendments, among other things, restrict the flexibility for certain asset sales. A revised consent solicitation statement, dated November 3, 2015 (the "Consent Solicitation Statement"), which includes the New Proposed Amendments and supersedes in its entirety the Outdated Consent Solicitation Statement, was circulated to eligible holders on November 3, 2015.

Holders of the Notes who have previously delivered consents do not need to redeliver such consents or take any other action in response to this announcement.

Copies of the Consent Solicitation Statement, the consent letter and other related documents may be obtained from Global Bondholder Services Corporation, the Information and Tabulation Agent, at (866) 470-3800 (toll free). Holders of the Notes are urged to review the Consent Solicitation Statement and the consent letter for the detailed terms of the Consent Solicitation and the procedures for consenting to the Proposed Amendments and the New Proposed Amendments. Any persons with questions regarding the Consent Solicitation should contact the Solicitation Agent, Goldman, Sachs & Co., at (212) 902-6941 (collect) or (800) 828-3182 (toll free).

This announcement is for information purposes only and is neither an offer to sell nor a solicitation of an offer to buy any security. This announcement is also not a solicitation of consents with respect to the Proposed Amendments, the New Proposed Amendments or any securities. No recommendation is being made as to whether holders of Notes should consent to the Proposed Amendments and the New Proposed Amendments. The solicitation of consents is not being made in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable state or foreign securities or "blue sky" laws.

Statements in this release relating to the Company's expectations regarding the Consent Solicitation are forward-looking information and are subject to various risks and uncertainties that could cause actual results to vary materially from those stated. Forward-looking statements are based on currently available information. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict.

Among other risks and uncertainties, there can be no guarantee that the Consent Solicitation will be completed, or if completed, the time frame in which it will be completed. The Consent Solicitation is subject to the satisfaction of certain conditions contained in the Consent Solicitation Statement.

The Company has based its forward-looking statements, including statements made regarding the Consent Solicitation, the expected timetable for completing the Consent Solicitation and other statements, on its management's beliefs and assumptions based on information available to management at the time the statements are made. The Company cautions you that actual outcomes and results may differ materially from what is expressed, implied, or forecast by its forward-looking statements. Except as required under the federal securities laws, the Company does not have any intention or obligation to update publicly any forward-looking statements, whether as a result of new information, future events, changes in assumptions, or otherwise.

CONTACT: Steve Lipin Brunswick Group 212-333-3810Source:American Energy Partners LP