Atlas Energy Group, LLC, through its subsidiary, Atlas Resource Partners, L.P., develops and produces natural gas, crude oil, and natural gas liquids in the United States. As of December 31, 2014, it had interests in approximately 600 wells in the Arkoma Basin in eastern Oklahoma with average daily production of 5.1 million cubic feet equivalent. The company has a 80.0% general partner interest and a 1.9% limited partner interest in the Development Subsidiary, a partnership that conducts natural gas and oil operations in the mid-continent region of the United States; 15.9% general partner interest and 12.0% limited partner interest in Lightfoot Capital Partners, L.P. and Lightfoot Capital Partners GP, LLC, its general partner, which incubate new MLPs and invest in existing MLPs; and direct natural gas development and production assets in the Arkoma Basin in eastern Oklahoma. Development Subsidiary The company’s Development Subsidiary operates specifically in the Marble Falls formation in the Fort Worth Basin and the Mississippi Lime area of the Anadarko Basin in Oklahoma. In 2014, the Development Subsidiary and Atlas Resource Partners, L.P acquired interests in oil and natural gas assets in the Eagle Ford Shale in South Central Atascosa County, Texas, including 4,000 operated gross acres and net reserves of 12 million barrels of oil equivalent, as of July 1, 2014. As of December 31, 2014, the Development Subsidiary had completed 2 wells in the Eagle Ford and 15 wells in the Marble Falls and Mississippi Lime. Lightfoot Lightfoot is a private investment vehicle that focuses on investing directly in master limited partnership-qualifying businesses and assets. Lightfoot’s strategy is to make investments by partnering with, promoting and supporting strong management teams to build growth-oriented businesses or industry verticals. Arc Logistics Partners, L.P., owned and controlled by Lightfoot, is involved in terminalling, storage, throughput and transloading of crude oil and petroleum products. History Atlas Energy Group, LLC was founded in 2011.
atlas energy group llc (ATLS:New York)
Park Place Corporate Center One
1000 Commerce Drive
Pittsburgh, PA 15275
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