Atlas Resource Partners, L.P. Announces Pricing of Senior Notes Offering

  Atlas Resource Partners, L.P. Announces Pricing of Senior Notes Offering

Business Wire

PHILADELPHIA -- July 25, 2013

Atlas Resource Partners, L.P. (NYSE: ARP) (“ARP” or “the Company”) announced
today the pricing of a private offering of $250 million aggregate principal
amount of 9 1/4% Senior Notes due 2021 issued at 99.297%. ARP intends to use
the net proceeds from the offering to fund a portion of its previously
announced acquisition of natural gas assets from EP Energy E&P Company, L.P.
The notes will initially be issued by ARP’s wholly-owned subsidiary, Atlas
Resource Escrow Corporation, and upon consummation of the EP acquisition, will
be assumed by Atlas Energy Holdings Operating Company, LLC and Atlas Resource
Finance Corporation, each wholly-owned subsidiaries of ARP. The offering is
expected to close on July 30, 2013, subject to the satisfaction of customary
closing conditions.

The notes will not be registered under the Securities Act of 1933 or the
securities laws of any state and may not be offered or sold in the United
States absent registration or an applicable exemption from the registration
requirements under the Securities Act and applicable state securities laws.
The notes may be resold by the initial purchasers pursuant to Rule 144A and
Regulation S under the Securities Act. This press release shall not constitute
an offer to sell or the solicitation of an offer to buy, nor there be any sale
of these securities in any state in which the offer, solicitation or sale
would be unlawful prior to the registration or qualification under the
securities laws of any such state.

Atlas Resource Partners, L.P. (NYSE: ARP) is an exploration & production
master limited partnership which owns an interest in over 10,000 producing
natural gas and oil wells, primarily in Appalachia and the Barnett Shale in
Texas. ARP is also the largest sponsor of natural gas and oil investment
partnerships in the U.S.

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.

Cautionary Note Regarding Forward-Looking Statements

This document 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 the pending
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
the pending acquisition; ARP’s ability to obtain the required financing for
the pending acquisition, on desirable terms or at all; the ability to obtain
required regulatory approvals for the pending acquisition; ARP’s ability to
realize the anticipated benefits of the proposed 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.

Contact:

Atlas Resource Partners, L.P.
Brian Begley
Vice President - Investor Relations
877-280-2857
215-405-2718 (fax)
 
Press spacebar to pause and continue. Press esc to stop.