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Atlas Energy Adds Eagle Ford Shale Operators to Silver Oak Project

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   |    Wednesday,February 19,2014

During the fourth quarter of 2013 and early 2014, Atlas Pipeline has contracted nine new producers in the Eagle Ford shale and some other contracts are in final review.

These opportunities include producers that are some of the largest and most significant operators in the basin. Gathering and processing demand is coming from multiple counties on both the east and west sides of our high pressure gathering system.

Management estimates that these recent contracts could result in an incremental 50-65 MMCFD of production once connected to the system, which is anticipated in the second quarter of 2014. These anticipated volumes, along with those acquired in the acquisition, fully support the processing capacity of Silver Oak I. Management anticipates volumes under these new contracts could exceed 90 MMCFD by the end of the year.

The commercial opportunity set remains strong in the Eagle Ford, as the Partnership continues to contract Silver Oak II, in anticipation of its' start-up date in the second quarter of 2014.



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