Atlas Resource Partners, L.P. (NYSE: ARP) today declared its initial
monthly distribution for the month of January 2014 of $0.1933 per common
unit ($2.32 on an annualized basis). The January 2014 distribution is
payable Monday, March 17, 2014 to holders of record as of Friday, March
7, 2014.
On January 29, 2014, ARP announced that its board of directors had
approved the modification of its distribution payment practice to a
monthly distribution program. Monthly cash distributions will be paid
approximately 45 days following the end of each respective monthly
period.
Atlas Resource Partners, L.P. (NYSE: ARP) is an exploration &
production master limited partnership which owns an interest in over
13,000 producing natural gas and oil wells, located primarily in
Appalachia, the Barnett Shale (TX), the Raton Basin (NM) and
Black Warrior Basin (AL). ARP is also the largest sponsor of natural gas
and oil investment partnerships in the U.S. For more information, please
visit our website at www.atlasresourcepartners.com,
or contact Investor Relations at InvestorRelations@atlasenergy.com.
Atlas Energy, L.P. (NYSE: ATLS) is a master limited partnership
which owns all of the general partner Class A units and incentive
distribution rights and an approximate 37% limited partner interest in
its upstream oil & gas subsidiary, Atlas Resource Partners, L.P.
Additionally, Atlas Energy owns and operates the general partner of its
midstream oil & gas subsidiary, Atlas Pipeline Partners, L.P., through
all of the general partner interest, all the incentive distribution
rights and an approximate 6% limited partner interest. For more
information, please visit our website at www.atlasenergy.com,
or contact Investor Relations at InvestorRelations@atlasenergy.com.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking statements that
involve a number of assumptions, risks and uncertainties that could
cause actual results to differ materially from those contained in the
forward-looking statements. ARP cautions readers that any
forward-looking information is not a guarantee of future performance.
Such forward-looking statements include, but are not limited to,
statements about future financial and operating results, resource
potential, ARP’s plans, objectives, expectations and intentions and
other statements that are not historical facts. Risks, assumptions and
uncertainties that could cause actual results to materially differ from
the forward-looking statements include, but are not limited to, those
associated with general economic and business conditions; ARP’s ability
to close its recently announced acquisition, on the terms described or
at all; ARP’s ability to obtain required consents in order to permit the
transfer of the assets included in its recently announced acquisition;
ARP’s ability to obtain the required financing for its recently
announced acquisition, on desirable terms or at all; ARP’s ability to
realize the anticipated benefits of its recently announced transaction;
changes in commodity prices; changes in the costs and results of
drilling operations; uncertainties about estimates of reserves and
resource potential; inability to obtain capital needed for operations;
ARP’s level of indebtedness; changes in government environmental
policies and other environmental risks; the availability of drilling
equipment and the timing of production; tax consequences of business
transactions; and other risks, assumptions and uncertainties detailed
from time to time in ARP’s reports filed with the U.S. Securities and
Exchange Commission, including quarterly reports on Form 10-Q, reports
on Form 8-K and annual reports on Form 10-K. Forward-looking statements
speak only as of the date hereof, and ARP assumes no obligation to
update such statements, except as may be required by applicable law.
Copyright Business Wire 2014