SOURCE: Atlas Pipeline Partners, L.P.

April 22, 2008 11:38 ET

Atlas Pipeline Partners, L.P. Declares Record Quarterly Distribution of $0.94 per Common Limited Partner Unit for the First Quarter 2008

PHILADELPHIA, PA--(Marketwire - April 22, 2008) - Atlas Pipeline Partners, L.P. (NYSE: APL) (the "Partnership") reported today that it has declared a record quarterly cash distribution for the first quarter 2008 of $0.94 per common limited partner unit, payable Thursday, May 15, 2008 to holders of record as of Wednesday, May 7, 2008. This quarter's distribution of $0.94 per common limited partner unit represents an approximate 9% increase over the first quarter 2007 distribution of $0.86 per common limited partner unit.

Atlas Pipeline Partners, L.P. is active in the transmission, gathering and processing segments of the midstream natural gas industry. In the Mid-Continent region of Oklahoma, Arkansas, northern and western Texas and the Texas panhandle, the Partnership owns and operates eight gas processing plants and a treating facility, as well as approximately 7,900 miles of active intrastate gas gathering pipeline and a 565-mile interstate natural gas pipeline. In Appalachia, it owns and operates approximately 1,600 miles of natural gas gathering pipelines in western Pennsylvania, western New York and eastern Ohio. For more information, visit our website at or contact

Atlas Pipeline Holdings, L.P. (NYSE: AHD) is a limited partnership which owns and operates the general partner of Atlas Pipeline Partners, L.P., through which it owns a 2% general partner interest, all the incentive distribution rights and approximately 5.5 million common units of Atlas Pipeline Partners.

Atlas America, Inc. (NASDAQ: ATLS) owns an approximate 64% limited partner interest in Atlas Pipeline Holdings, L.P., which holds the general partner interest and 5.5 million limited partner units of Atlas Pipeline Partners, L.P., and an approximate 49% common unit interest and all of the Class A and management incentive interests in Atlas Energy Resources, LLC (NYSE: ATN). For more information, please visit our website at, or contact Investor Relations at

Contact Information

  • Contact:
    Brian Begley
    Investor Relations
    1845 Walnut Street
    Philadelphia, PA 19103
    (215) 546-5005
    (215) 553-8455 (facsimile)