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Atlas Energy Group, LLC Message Board

  • bigearljr54 bigearljr54 Feb 22, 2013 1:44 PM Flag

    Conference call

    Stay tuned for an update on the partnership fund raising with a twist; a new fangled vehicle that will "bring forward value of the drilling inventory." Note: this is not the same old drilling partnership arrangement. Market seems to like today's news.

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    • Wild guess, sell some of the acreage in a trust to bring value forward. Trust in an MLP? Who knows what they are up to. Good conference call and love the possible $2.00 for ATLS.

      • 1 Reply to jrp1324
      • Trust? Well, if so I hope that they wait for a couple of years and hope that NG pricing increases. '

        Just seems very short term - we just bought much of the acreage - why sell it off right away. Wait for some appreciation and if its truly too much for ARP to operate or raise investment for then go ahead and consider it.

        I'd prefer we just stick to the basics - add an acquisition or two - and keep generating cash flow.

    • I was surprised by their statement about a new investment vehicle. A little concerned this indicates that they aren't hitting their goals for the drilling partnerships.

      Aside from that everything sounded pretty good. I'm hoping ARP makes one or two more acquisitions this year at good prices and APL gets the expansions running and filled up quickly.

      $1.70 to $2 is the range they gave for ATLS which means we'll be around .50 later this year. Looking forward to it!

    • ARP drilling results quite favorable in Marble Falls, Barnett and Mississippi Lime. Look for good results from Utica and Marcellus over summer.

 
ATLS
7.86-0.02(-0.25%)Apr 24 4:02 PMEDT