Atlas Resource Partners, L.P. Completes Acquisition Of Natural Gas Assets In West Virginia And Virginia

 Atlas Resource Partners, L.P. Completes Acquisition Of Natural Gas Assets In
                          West Virginia And Virginia

PR Newswire

PITTSBURGH, May 12, 2014

PITTSBURGH, May 12, 2014 /PRNewswire/ -- Atlas Resource Partners, L.P. (NYSE:
ARP) ("ARP" or "the Company") announced today the completion of its previously
announced acquisition of long-lived, shallow decline natural gas production in
West Virginia and Virginia from GeoMet, Inc. (OTCQB: GMET) and certain of its
subsidiaries (collectively, "GeoMet") for $107 million, with an effective date
of January 1, 2014.

Wells Fargo acted as financial advisor, and Paul Hastings LLP acted as legal
advisor on the transaction.

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 Mississippi Lime (OK), 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 34% 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 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 its pending
acquisitions; 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.

SOURCE Atlas Resource Partners, L.P.

Website: http://www.atlasresourcepartners.com
Contact: Brian Begley, Vice President - Investor Relations, (877) 280-2857,
(215) 405-2718 (fax)
 
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