ATLS: Unique Business Model Atlas Energys general partner ownership in ARP & APL generates substantial cash flow growth without investment of capital Both E&P business (ARP) and midstream operations (APL) have strong balance sheets…
ATLS: Growth in GP Cash Flow Streams 4.50 4.00 APL LP & IDR ATLS Cash Flow / Unit 3.50 Distributions to ATLS 3.00 ARP LP & IDR 2.50 Distributions to ATLS 2.00 1.50 1.00 0.50 Annual Atlas Resource Distribution/Annual…
ARP: A Different Approach Long-lived reserves in desirable basins with high Strong Foundation of IRRs E&P Assets Highly-skilled senior management team with extensive US Basin experience Sell high, buy low o Sold to Chevron at top…
ARP Producing Assets & Drilling Activity Total Proved Reserves: 900 Bcfe Percent Developed: 51% PF 3Q12 Daily Production: 130 Mmcfe/d Ohio Reserve Life Index: 19 years Pennsylvania/W. VA Utica Shale Producing Wells: Over 9,800…
2012 Transactions 2012 Carrizo and Titan acquisitions combined to provide ARP with long-lived reserves at an average cost below 0.75/mcfe, while the DTE acquisition was approximately 7/Boe of reserves acquired Acquired production was…
DTE Acquisition is complementary to ARPs existing Fort Worth Basin assets DTE had accumulated approximately 88,000 net acres in Jack, Clay, Denton, Wise, Erath, Parker, Hood and Palo Pinto Counties in Texas 75,000 net acres in the…
Atlas Acreage Growth in Key Basins ARP Acreage in Key Basins is Primarily Held by Production Barnett 160,000 28,000 Acres 140,000 400+ Drill Sites 120,000 Marble Falls MF 88,500 Acres 100,000 MS Lime 700+ Drill Sites 80,000…
Projected Distribution Growth ARP is projecting distribution growth in 2013 superior to its peer group 50.0% Projected 2013 distribution growth 40.0% 30.0% 20.0% 10.0% 0.0% A B C D E F G H I J ARP 11 Source : Wells…
Direct Investment Program Value to Atlas Resource Value to Drilling Partners Partners Substantial 1st year tax deduction Upfront fees from fundraising; 15% (94% of investment) against ordinary over costs paid by partners income…
Atlas Pipeline Partners, L.P. (NYSE: APL) Growth-Oriented Midstream Gathering Assets located in enviable basins including & Processing MLP with 12 Processing Permian, Woodford Shale, and Mississippian Plants and over 10,100 miles of…
APL Solid Business Strategy Gathering & Processing MLP with diversified assets in Oklahoma, Texas and Kansas Diversified asset Robust growth of drilling programs in attractive NGL-rich areas in Partnerships footprint base Significant…
Atlas Pipeline is Expanding its Entire Business System Previous Expansion New Timing Comment Capacity Capacity Velma 100 mmcfd 60 mmcfd 160 mmcfd Online now Expansion is online and receiving meaningful volume WestOK 258 mmcfd 200…
Arkoma Update (purchased from Cardinal Midstream) Overview Arkoma System Geographical Area: Woodford Shale/Arkoma Basin Seminole Grady Pottawatomie Miles of Pipeline: Approx. 100 Caddo McClain Hughes Processing Capacity: 220,000…
Strong Hedge Positions Gross Margin Coverage for remaining 2013 is 82% including Hedges and Fee Business Unhedged 3% Keep-Whole Hedged 12% 9% 82% of run-rate Gross Margin is under Fixed Fee arrangement or Hedged to Limit Commodity…
Summary Atlas Energys general partner ownership in ARP & APL generates substantial cash flow growth without investment of capital Both E&P business (ARP) and midstream operations (APL) have strong balance sheets and significant…
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