ARP Profile A uniquely advantaged upstream MLP business model Atlas Energy Group, LLC (NYSE:ATLS) Public Unitholders 28% LP Interest & 100% GP Interest 72% LP Interest NYSE: ARP Net Daily Production: 285 Mmcfe/d (gross…
ARP Producing Assets ARP Asset Summary 1.4 Tcfe proved reserves (1) 86% gas 77% developed 285 MMcfe/d net production (2) Powder 80% gas River Basin…
Sector Leading Growth ARP has executed on its strategy to drive substantial increases to its net production and reserves Production (Mmcfe/d) Proved Reserves (Bcfe) 300 1600 285 1400 250 1200 1430 200 714% 756% 1000 150 800 911…
ARP: Advantaged Business Model Expand and diversify production base through acquisition of mature, long-lived properties 2.2B in acquisitions since March 2012 Diversified asset base offers operating scale and significant opportunity…
ARP Acquisition History Purchase Date Seller Price Strategic Benefits Proven success in consummating, Established nat gas position March 2012 187MM in Barnett assimilating, and integrating accretive Expanded Barnett position;…
Geographic Diversification ARP has robust geographic coverage operations in 17 states Scale of operations creates opportunities for add-on acquisitions and organic expansion Q1 2012 Production Q4 2014 Production Other 10% Other…
Cash Flow Stability Total Company Gross Margin Natural Gas Hedge Positions (1) Unhedged Partnership 4.23 - 4.40 Production Fee Margin 60.0 5.12 Swaps Margin 17% Collars 4.35 Average Swap Price (/mcf) 19% 50.0 4.28 4.30…
Partnership Management Advantages Over 40 years of raising Strong History partnership funds Programs are sold in all 50 Breadth of Market Access states; over 50,000 active investors Atlas internal resources handle all regulatory…
Fee-Based Partnership Business Model Value to Atlas Resource Partners Value to Drilling Partners Upfront fees from fundraising; 15% over Substantial 1st year tax deduction (90- costs paid by partners 100% of investment) against…
Eagle Ford Asset Overview Located in the oil window of the Eagle Ford Shale in Atascosa Co., TX 12 MMBoe of oil-rich reserves, 86% Oil 100% WI / 74% NRI 100% operated 20 PUD locations on acquired property Expected LOE & taxes of…
Mississippi Lime Overview 20,000 net acres in the core of the Mississippi Lime play in northwestern OK Alfalfa, Grant and Garfield counties; oil & liquids rich portion of the play; HBP by Hunton production ARP Position 100+…
Marble Falls Overview 88,000 net acres primarily concentrated in Jack County, Texas Liquids rich production and drilling Marble Falls Position opportunities Identified additional productive zones including Caddo formation, Bend…
Raton / Black Warrior/ County Line (EP Assets) Stable producing, shallow decline assets with low operating costs Assets include gathering systems Q4 2014 production of 105.6 MMcf/d Raton Black Warrior County Line WY CO NM…
Rangely Summary An Ideal Asset 25% WI, 23% NRI Chevron Corporation operates the assets and owns a 68% working interest Approximately 380 producing wells and 270 Rangely Field injector wells 1P: 47 Mmboe Shallow base decline of…
Utica & Marcellus Shale Positions Pennsylvania ARPs Utica acreage Lycoming County positions Lundy Rhodes Oil & Wet Gas Wet Dry Gas Gas Utica Shale Marcellus Shale Legacy Ohio operations include over 2,500 3,000 net…