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 December 23, 2015 - 1:38 PM EST
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Atlas Resource Partners Announces Extension Of Consent Solicitation For 7.75% Senior Notes

FORT WORTH, Texas, Dec. 23, 2015 /PRNewswire/ -- Atlas Resource Partners, L.P. (NYSE: ARP) ("ARP") announced today that the Issuers (as defined below) have extended the consent solicitation with respect to certain proposed amendments to the indenture governing the 7.75% Senior Notes due 2021 (the "7.75% Notes") (CUSIP 049296AC0) issued by Atlas Resource Partners Holdings, LLC and Atlas Resource Finance Corporation (each individually an "Issuer" and together the "Issuers") and guaranteed by ARP and certain subsidiary guarantors, that the Issuers commenced on December 10, 2015 (the "7.75% Notes Consent Solicitation") for holders of record as of December 9, 2015.  In order to allow for the Christmas holiday, the 7.75% Notes Consent Solicitation will now expire at 5:00 p.m., New York City time, on Tuesday, December 29, 2015, unless further extended.  Except as modified by this press release, the terms and conditions of the 7.75% Notes Consent Solicitation remain unchanged, and holders of the 7.75% Notes should refer to the Issuers' Consent Solicitation Statement, dated December 10, 2015 for more information regarding the 7.75% Notes Consent Solicitation.  Currently, $375,000,000 in aggregate principal amount of the 7.75% Notes is outstanding.  As of 5:00 p.m. New York City time, on Tuesday, December 22, 2015, ARP had received consents to the proposed amendments from holders of approximately 46% of the aggregate principal amount of the outstanding 7.75% Notes, including holders whom ARP believe to be five of the six largest institutional holders.

The Solicitation Agent in connection with the consent solicitation is Wells Fargo Securities, LLC.  Questions regarding the consent solicitations may be directed to Wells Fargo Securities, LLC, Attention: Liability Management Group at (866) 309-6316 (toll free) or (704) 410-4760 (collect).  D.F. King & Co., Inc. is serving as Information Agent and Tabulation Agent in connection with the consent solicitation. Requests for assistance in delivering consents or for additional copies of the consent solicitation statement should be directed to the Information Agent at (800) 814-9324 (toll free) or (212) 269-5550 (banks and brokers) (collect).

This announcement is not an offer to purchase, a solicitation of an offer to purchase, or a solicitation of consents with respect to any securities.  The consent solicitation is being made solely by the Issuers' Consent Solicitation Statement and is subject to the terms and conditions stated therein.

Cautionary Note Regarding Forward-Looking Statements

Certain matters discussed within this press release are forward-looking statements.  Although ARP believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained.  Forward-looking statements speak only as of the date hereof, and ARP assumes no obligation to update such statements, except as may be required by applicable law.

Atlas Resource Partners, L.P. (NYSE: ARP) is an exploration & production master limited partnership which owns an interest in over 14,500 producing natural gas and oil wells, located primarily in Appalachia, the Barnett Shale (TX), the Mississippi Lime (OK), the Eagle Ford Shale (TX), the Raton Basin (NM), Black Warrior Basin (AL) and the Rangely Field (CO).  ARP is also the largest sponsor of natural gas and oil investment partnerships in the U.S. For more information, please visit our website at www.atlasresourcepartners.com, or contact Investor Relations at InvestorRelations@atlasenergy.com.

Atlas Energy Group, LLC (NYSE: ATLS) is a limited liability company which owns the following interests: all of the general partner interest, incentive distribution rights and an approximate 23% limited partner interest in its upstream oil & gas subsidiary, Atlas Resource Partners, L.P.; the general partner interests, incentive distribution rights and limited partner interests in Atlas Growth Partners, L.P.; and a general partner interest in Lightfoot Capital Partners, an entity that invests directly in energy-related businesses and assets. For more information, please visit our website at www.atlasenergy.com, or contact Investor Relations at InvestorRelations@atlasenergy.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/atlas-resource-partners-announces-extension-of-consent-solicitation-for-775-senior-notes-300196929.html

SOURCE Atlas Resource Partners, L.P.


Source: PR Newswire (December 23, 2015 - 1:38 PM EST)

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