Okalhoma-based American Energy Partners LP founder Aubrey McClendon hopes to raise about $200 million from investors for a new “blank check” company he is launching to purchase oil and gas assets and companies.





Avondale Acquisition Corp., will be a special investment vehicle that could trade on the Nasdaq exchange, according to a filing with the U.S. Securities and Exchange Commission.



The company hopes to sell 20 million units to the public for $10 apiece to finance the acquisition of undervalued oil and gas companies and assets, Avondale said in the  filing.



McClendon is a former CEO of Chesapeake Energy Corp.



His old company and his current company are both big players in Ohio's Utica Shale.



Click  here  to read more from April 24's story in The Oklahoman.