Info

Atlas Energy Resources, LLC is an independent developer and producer of natural gas and oil, with operations in northern Michigan’s Antrim Shale and the Appalachian Basin. The Company also sponsors and manages tax-advantaged direct investment natural gas and oil partnerships in the United States. As of December 31, 2007, its estimated proved reserves were 896.7 billions of cubic feet equivalent (Bcfe), including the reserves net to its equity interest in its investment partnerships. Of its reserves, approximately 68% are proved developed and approximately 99% are natural gas. For the year ended December 31, 2007, its average daily production was approximately 89.5 millions of cubic feet equivalent (Mmcfe) per day. In Michigan, as of December 31, 2007, Atlas Energy Resources, LLC had reserves of approximately 666.8 Bcfe and its average daily production for 2007, was approximately 59.8 Mmcfe per day. On June 29, 2007, the Company acquired DTE Gas & Oil Company from DTE Energy Company.(Source: 10-K)