Atlas America Inc. (ATLS)

Atlas America, Inc., through its subsidiary, Atlas Energy Resources, LLC, operates as an independent developer and producer of natural gas and oil. It operates in northern Michigan’s Antrim Shale and the Appalachian Basin region of the United States, principally in western New York, eastern Ohio, western Pennsylvania, and Tennessee. As of December 31, 2007, the company had total proved reserves of approximately 884,759 mmcf of natural gas; and total proved reserves of approximately 896,657 mmcfe of oil. It also had working interests in a total of 5,579 net productive wells. Atlas America, Inc., through its other subsidiary, Atlas Pipeline Holdings, L.P., also owns the general partner of Atlas Pipeline Partners, L.P., which operates as a midstream energy service provider engaged in the transmission, gathering, and processing of natural gas in the Mid-Continent and Appalachia regions. The company was founded in 2000 and is based in Moon Township, Pennsylvania.

For the nine months ended 30 September 2006, Atlas America Inc.'s revenues totaled $547.9M. Net income totaled $1.6M. Results cannot be compared because of year end change from September to December. Atlas America, Inc. engages in the development, production and transportation of natural gas and oil in western New York, eastern Ohio, Western Pennsylvania, and Tennessee. The company transports natural gas from it wells.