Atlas 3Q12: $10.1M Loss, Connected More PA Marcellus Wells
Atlas Resource Partners, with some drilling operations in the Marcellus, reported the company lost $10.1 million for third quarter 2012. As part of their update Atlas reports making moves into other shale plays, picking up acreage in the Mississippi Lime play (in northwest Oklahoma). Atlas picked up acreage in the Barnett Shale in April of this year.
The only reference to the Marcellus in the update was that Atlas brought online some “additional legacy Marcellus Shale wells connected in southwestern Pennsylvania” during 3Q12. Here’s the full 3Q12 update: