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PHILADELPHIA--([ BUSINESS WIRE ])--Atlas Energy, L.P. (NYSE: ATLS) announced today that it has established a new $50 million revolving credit facility through its group of five institutional lenders. Borrowings under the facility will bear interest at Libor plus a spread in a range of 350 bps to 450 bps, depending upon the level of utilization of the facility. The credit facility is secured by ATLSa general and limited partner interests in Atlas Resource Partners, L.P. (NYSE: ARP) and Atlas Pipeline Partners, L.P. (NYSE: APL).

Wells Fargo was the administrative agent, and both Wells Fargo and Deutsche Bank were joint lead arrangers and book runners.

Atlas Energy, L.P. (NYSE: ATLS)is a master limited partnership which owns all of the general partner interest, all the incentive distribution rights and approximately 64% of the limited partner interests in its upstream oil & gas subsidiary, Atlas Resource Partners, L.P. Additionally, Atlas Energy owns and operates the general partner of its midstream oil & gas subsidiary, Atlas Pipeline Partners, L.P., through all of the general partner interest, all the incentive distribution rights and an approximate 11% limited partner interest. For more information, please visit our website at [ www.atlasenergy.com ], or contact Investor Relations at [ InvestorRelations@atlasenergy.com ].

Cautionary Note Regarding Forward-Looking Statements

This document contains forward-looking statements that involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements.ATLS cautions readers that any forward-looking information is not a guarantee of future performance.Such forward-looking statements include, but are not limited to, statements about future financial and operating results, resource potential, ATLSa plans, objectives, expectations and intentions and other statements that are not historical facts. Risks, assumptions and uncertainties that could cause actual results to materially differ from the forward-looking statements include, but are not limited to, the expected financial results of Atlas Resource Partners, which are dependent on future events or developments; assumptions and uncertainties associated with general economic and business conditions; changes in commodity prices; changes in the costs and results of drilling operations; uncertainties about estimates of reserves and resource potential; inability to obtain capital needed for operations; ATLSa level of indebtedness; changes in government environmental policies and other environmental risks; the availability of drilling equipment and the timing of production; and tax consequences of business transactions.In addition, ATLS and Atlas Resource Partners are subject to additional risks, assumptions and uncertainties detailed from time to time in the reports filed by ATLS and Atlas Resource Partners with the U.S. Securities and Exchange Commission, including the risks, assumptions and uncertainties described in Atlas Resource Partnersa registration statement on Form 10 and ATLSa quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K. Forward-looking statements speak only as of the date hereof, and neither ATLS nor Atlas Resource Partners assumes any obligation to update such statements, except as may be required by applicable law.