Follow-On Offering

Energy
Follow-On Offering

Summary

Baird served as a senior co-manager on this offering

About

Atlas Resource Partners, L.P. (“Atlas Resource Partners” or the “Partnership”) (NYSE: ARP) recently completed a follow-on offering of 14,950,000 common units at a price of $21.75 per unit, generating gross proceeds of approximately $325.2 million. The Partnership intends to use the net proceeds from the offering to fund a portion of its acquisition of natural gas assets from EP Energy. The assets to be acquired include an estimated 466 Bcfe of proved reserves, of which 93% are proved developed, approximately 1,500 miles of gathering pipelines and a salt-water disposal system which includes 10 salt water disposal wells. The pending acquisition is expected to close in the third quarter 2013.

Atlas Resource Partners is an exploration and production master limited partnership which owns an interest in over 10,000 producing natural gas and oil wells, primarily in Appalachia and the Barnett Shale in Texas. The Partnership is also the largest sponsor of natural gas and oil investment partnerships in the U.S. Atlas Resource Partners is headquartered in Pittsburgh, Pennsylvania.

For additional information about this transaction, please contact:

Curtis Goot (314) 445-6540
Frank Murphy (314) 445-6532
Kjell Lundal (314) 445-6533
Gary Placek (414) 765-3611
Energy
Follow-On Offering
Date
June 2013
Company
Atlas Resource Partners, L.P.
Transaction
M&A
Sectors
Energy
Target Location
North America

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