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Atlas Adds Wells in the Eagle Ford, MissLime in 3Q
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Atlas Resource Partners, L.P. reported operating and financial results for the third quarter 2015.
Key Points: The Company connected two Mississippi Lime wells during the third quarter, and now operates 27 wells in the Eagle Ford shale. ARP is currently connecting additional wells on its Eagle Ford position and expects oil volumes to increase into 2016 as a result of its activity. Average net daily production for the third quarter 2015 was 264.2 million cubic feet equivalents per day, as compared to 270.8 Mmcfed for the second quarter 2015.Daniel Herz, Chief Executive Officer of ARP, stated, "The current state of the energy industry has presented a challenging environment, however our business continues to exhibit its solid foundation, including stable producing assets, a strong hedge…
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