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Oil and Gas Energy News Update

Monday, June 27, 2011

Atlas Increases Borrowing Base

- Atlas Increases Borrowing Base

Monday, June 27, 2011
Atlas Energy, L.P.

Atlas announced that its lending group on its senior secured credit facility has completed its borrowing base redetermination and has increased Atlas Energy's borrowing base from $125 million to $160 million. Atlas Energy currently has no amounts borrowed against its credit facility. Wells Fargo Securities, LLC led the lending group in the redetermination process and there were no other changes to the terms of the credit facility.

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